How To Elect and Remove Corporate Directors in CA

more+
less-

Upon formation of a corporation, directors are named in the Articles of Incorporation or are appointed by the incorporator. Thereafter, directors are elected annually. Directors could be removed, generally, if outstanding shareholders approve the removal. Nonetheless, despite the latter concise general rules, election and removal of corporate directors are often fraught with complexities. In this Article, we explore and peruse to some extent some of the intricacies associated with electing and removing California corporate directors.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Doron Eghbali, Law Advocate Group, LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

CONNECT

Doron Eghbali
Law Advocate Group, LLP

Doron has worked for top law firms helping them to negotiate and draft contracts for start-up... View Profile »


Follow Law Advocate Group, LLP:

Reporters on Deadline