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Earlier editions: 2020-112018-11

TITLE 1. CORPORATIONS 100-14707›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14707›PART 2. COOPERATIVE CORPORATIONS 12200-12704›CHAPTER 5. Meetings and Voting 12460-12477›ARTICLE 2. Additional Provisions Relating to Election of Directors 12470-12477

§ 12476

California Corporations Code · 2026-10 edition · updated 2026-10-04 · California

Without authorization of the board, no corporation funds may be expended to support a nominee for director after there are more people nominated for director than can be elected.

(Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)

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California Corporations Code

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