California Corporations Code 7811 – Any amendment of the articles may be adopted by a writing signed by a …
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Any amendment of the articles may be adopted by a writing signed by a majority of the incorporators, so long as:
(a) No directors were named in the original articles;
Terms Used In California Corporations Code 7811
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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.
- directors: means natural persons, designated in the articles or bylaws or elected by the incorporators, and their successors and natural persons designated, elected, or appointed by any other name or title to act as members of the governing body of the corporation. See California Corporations Code 5047
(b) No directors have been elected; and
(c) The corporation has no members.
(Added by Stats. 1978, Ch. 567.)