California Corporations Code CHAPTER 3 - Directors and Management

  • Section 2700.
    (a) A director shall perform the duties of a director, including duties as a member of any committee of the board upon which the director may...
  • Section 2701.
    (a) Subject to Section 2700, directors of a social purpose corporation who approve any of the following corporate actions shall be jointly and severally liable to...
  • Section 2702.
    (a) For the purposes of this section:(1) “Agent” means any person who is or was a director, officer, employee, or other agent of the social purpose corporation,...

Last modified: October 22, 2018