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California Corporations Code

§ 9610

CORP § 9610Div. 2 · Title 1 · Part 4 · Ch. 6 · Art. 1

Statute text

View on leginfo.ca.gov
(a)The provisions of Chapter 4 (commencing with Section 5410) of Part 2 apply to religious corporations except for subdivision (b) of Section 5420.
(b)Suit may be brought in the name of the corporation by a creditor, a director, or the authorized number of members. In any such action in addition to the remedy provided in subdivision (a) of Section 5420, the court may award punitive damages for the benefit of the corporation against any director, officer, member or other person who with intent to defraud the corporation caused, received or aided and abetted in the making of any distribution.

Legislative history

Repealed and added by Stats. 1978, Ch. 567.

Source: California Corporations Code § 9610 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.