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Code · California · Corporations Code

§ 306

66 words·~1 min read·/ca/corporations-code/306

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

If
(a)a corporation has not issued shares and all the directors resign, die, or become incompetent, or
(b)a corporation’s initial directors have not been named in the articles, and all the incorporators resign, die, or become incompetent prior to the election of the initial directors, the superior court of any county may appoint directors of the corporation upon application by any party in interest.
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