TITLE 1. CORPORATIONS 100-14631›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14631›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 · 2018-11 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.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Corporations Code

California Corporations Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.