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Earlier editions: 2020-112018-112026-09

TITLE 1. CORPORATIONS 100-14707›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14707›PART 5. SMALL BUSINESSES 14000-14024›CHAPTER 1. California Small Business Financial Development Corporations 14000-14024›ARTICLE 4. New Corporations 14005-14012

§ 14012

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

For six months following the establishment of a corporation, commencing upon filing of the articles of incorporation with the Secretary of State, a corporation shall be on probation. While on probation, a corporation may be suspended if suspension is recommended by the program manager and affirmed by the executive director. This suspension is nonappealable and not subject to the procedures for suspension applicable to a corporation not on probation.

(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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