California Corporations Code

§ 9223

CORP § 9223Div. 2 · Title 1 · Part 4 · Ch. 2 · Art. 2

Statute text

(a)The superior court of the proper county may, at the suit of a director, or twice the authorized number (Section 5036) of members, remove from office any director in case of fraudulent acts and may bar from reelection any director so removed for a period prescribed by the court. The corporation shall be made a party to such action.

(b)The Attorney General may bring an action under subdivision (a), may intervene in such an action brought by any other party and shall be given notice of any such action brought by any other party.

Legislative history

Added by Stats. 1978, Ch. 567.