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California Corporations Code

§ 2001

CORP § 2001Div. 1 · Title 1 · Ch. 20

Statute text

View on leginfo.ca.gov
The powers and duties of the directors (or other persons appointed by the court pursuant to Section 1805) and officers after commencement of a dissolution proceeding include, but are not limited to, the following acts in the name and on behalf of the corporation:
(a)To elect officers and to employ agents and attorneys to liquidate or wind up its affairs.
(b)To continue the conduct of the business insofar as necessary for the disposal or winding up thereof.
…

Legislative history

Amended by Stats. 1976, Ch. 641.

Source: California Corporations Code § 2001 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.