California Corporations Code 14013 – The corporate powers of a corporation shall be exercised by its board …
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The corporate powers of a corporation shall be exercised by its board of directors.
(Added by Stats. 2013, Ch. 537, Sec. 2. (AB 1247) Effective October 4, 2013.)
Terms Used In California Corporations Code 14013
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.