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California Corporations Code

§ 5132

CORP § 5132 Effective Jan 1, 2010Div. 2 · Title 1 · Part 2 · Ch. 1 · Art. 3
(a)The articles of incorporation may set forth any or all of the following provisions, which shall not be effective unless expressly provided in the articles:
(1)A provision limiting the duration of the corporation’s existence to a specified date.
(2)In the case of a subordinate corporation instituted or created under the authority of a head organization, a provision setting forth either or both of the following:

Legislative history

Amended by Stats. 2009, Ch. 631, Sec. 6. (AB 1233) Effective January 1, 2010.

Source: California Corporations Code § 5132 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.