California Corporations Code

§ 7520

CORP § 7520 Effective Jan 1, 1997Div. 2 · Title 1 · Part 3 · Ch. 5 · Art. 2

Statute text

(a)As to directors elected by members, there shall be available to the members reasonable nomination and election procedures given the nature, size and operations of the corporation.

(b)If a corporation complies with all of the provisions of Sections 7521, 7522, 7523, and 7524 applicable to a corporation with the same number of members, the nomination and election procedures of that corporation, shall be deemed reasonable. However, those sections do not prescribe the exclusive means of making available to the members reasonable procedures for nomination and election of directors. A corporation may make available to the members other reasonable nomination and election procedures given the nature, size, and operations of the corporation.

(c)Subject to the provisions of subdivisions (a), (b), and (d) of Section 7616, the superior court of the proper county shall enforce the provisions of this section.

Legislative history

Amended by Stats. 1996, Ch. 589, Sec. 30. Effective January 1, 1997.