TITLE 1. CORPORATIONS 100-14631›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14631›PART 5. SMALL BUSINESSES 14000-14024›CHAPTER 1. California Small Business Financial Development Corporations 14000-14024›ARTICLE 5. Corporation Board 14013-14017

§ 14015

California Corporations Code · 2018-11 edition · updated 2026-10-04 · California

If any director ceases to meet the qualifications established in Section 14014, he or she shall immediately vacate his or her position as a director and the position shall be deemed vacant.

(Added by Stats. 2013, Ch. 537, Sec. 2. (AB 1247) Effective October 4, 2013.)

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California Corporations Code

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