California Corporations Code CHAPTER 16 - Voluntary Dissolution

  • Section 12630.
    (a) Any corporation may elect voluntarily to wind up and dissolve (1) by approval of a majority of all members (Section 12223) or (2) by approval...
  • Section 12631.
    (a) Whenever a corporation has elected to wind up and dissolve a certificate evidencing that election shall forthwith be filed.(b) The certificate shall be an officers’ certificate...
  • Section 12632.
    (a) A voluntary election to wind up and dissolve may be revoked prior to distribution of any assets: (1) if the election was made pursuant to...
  • Section 12633.
    (a) Voluntary proceedings for winding up the corporation commence upon the adoption of the resolution required by Section 12630 by the members or by the board,...
  • Section 12634.
    If a corporation is in the process of voluntary winding up, the superior court of the proper county, upon the petition of (a) the corporation,...
  • Section 12635.
    (a) When a corporation has been completely wound up without court proceedings therefor, a majority of the directors then in office shall sign and verify a...
  • Section 12636.
    Except as otherwise provided by law, if the term of existence for which any corporation was organized expires without renewal or extension thereof, the board...
  • Section 12637.
    (a) The board, in lieu of filing the certificate of dissolution, may petition the superior court of the proper county for an order declaring the corporation...
  • Section 12638.
    (a) A corporation in the process of winding up may dispose of the known claims against it by following the procedure described in this section.(b) The written...

Last modified: October 22, 2018