Test Your Knowledge Of California Corporate Law!

Allen Matkins
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Over the years, I've made mental notes of some obscure California corporate law questions.  Can you identify the following types of corporations corporations?

  • At least five persons are required to form this type of corporation.  
  • Within six months of taking office, board members of this type of corporation must receive at least two hours training from a qualified trainer.  
  • Any superior court judge in the county in which this type of corporation has its principal office has access "at all times" to its books.
  • The Bylaws of this type of corporation must authorize the removal of officers only by a two-thirds vote of the directors. 
  • Any person who willfully and maliciously injures the property of this type of corporation may be liable for three times the amount of actual damages.

Answers in tomorrow's post.

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. Attorney Advertising.

© Allen Matkins

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