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Earlier editions: 2020-112018-112026-09

TITLE 1. CORPORATIONS 100-14707›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14707›PART 2. COOPERATIVE CORPORATIONS 12200-12704›CHAPTER 2. Directors and Management 12350-12377›ARTICLE 2. Selection, Removal and Resignation of Directors 12360-12364

§ 12363

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

The superior court of the proper county may, at the suit of a director, or members possessing 5 percent of the voting power, remove from office any director in case of fraudulent or dishonest acts or gross abuse of authority or discretion with reference to the corporation and may bar from reelection any director so removed for a period prescribed by the court. The corporation shall be made a party to such action.

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

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California Corporations Code

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