California Corporations Code

§ 5812

CORP § 5812 Effective Jan 1, 2013Div. 2 · Title 1 · Part 2 · Ch. 8

Statute text

(a)Except as provided in this section or Section 5813.5, amendments may be adopted if approved by the board and approved by the members (Section 5034) and approved by such other person or persons, if any, as required by the articles. The approval by the members or other person or persons may be before or after the approval by the board.

(b)Notwithstanding subdivision (a), the following amendments may be adopted by approval of the board alone:

(1)An amendment extending the corporate existence or making the corporate existence perpetual, if the corporation was organized prior to August 14, 1929.

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Legislative history

Amended by Stats. 2012, Ch. 494, Sec. 15. (SB 1532) Effective January 1, 2013.