0 chapters · 816 sections in this title.
Corp. Code § 12460 Section 12460
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(a) Meetings of members may be held at a place within or without this state that is stated in or fixed in accordance with the bylaws. If no other place is so stated or fixed, meetings of members shall be held at the principal office of the corporation. Subject to any limitations …
Corp. Code § 12460.5 Section 12460.5
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Notwithstanding Section 12460, a collective board worker cooperative shall not be required to hold an annual meeting of members.
Corp. Code § 12461 Section 12461
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(a) Whenever members are required or permitted to take any action at a meeting, a written notice of the meeting shall be given not less than 10 nor more than 90 days before the date of the meeting to each member who, on the record date for notice of the meeting, is entitled to vo…
Corp. Code § 12462 Section 12462
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(a) The lesser of 250 members or members representing 5 percent of the voting power, shall constitute a quorum at a meeting of members, but, subject to subdivisions (b) and (c), a bylaw may set a different quorum. Any bylaw amendment to increase the quorum may be adopted only by …
Corp. Code § 12463 Section 12463
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(a) Subject to subdivision (e), and unless prohibited in the articles or bylaws any action which may be taken at any regular or special meeting of members may be taken without a meeting if the corporation distributes a written ballot to every member entitled to vote on the matter…
Corp. Code § 12464 Section 12464
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(a) Any form of written ballot distributed to 10 or more members of a corporation with 100 or more members shall afford an opportunity on the form of written ballot to specify a choice between approval and disapproval of each matter or group of related matters intended, at the ti…
Corp. Code § 12465 Section 12465
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(a) If for any reason it is impractical or unduly difficult for any corporation to call or conduct a meeting of its members, delegates or directors, or otherwise obtain their consent, in the manner prescribed by its articles or bylaws, or this part, then the superior court of the…
Corp. Code § 12466 Section 12466
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(a) If the name signed on a ballot, consent or waiver corresponds to the name of a member, the corporation if acting in good faith is entitled to accept the ballot, consent, or waiver and give it effect as the act of the member. (b) If the name signed on a ballot, consent, or wai…
Corp. Code § 12470 Section 12470
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As to directors elected by members, there shall be available to the members reasonable nomination and election procedures given the nature, size and operations of the corporation.
Corp. Code § 12473 Section 12473
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Where a corporation distributes any material soliciting a vote for any nominee for director in any publication owned or controlled by the corporation, it shall make available to each other nominee, in the same material, an equal amount of space, with equal prominence, to be used …
Corp. Code § 12474 Section 12474
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Upon written request by any nominee for election to the board and the payment of the reasonable costs of mailing (including postage), a corporation shall within 10 business days after such request (provided payment has been made) mail to all members, or such portion of them as th…
Corp. Code § 12475 Section 12475
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(a) Except as provided in subdivision (c), no corporation may decline to publish or mail material, otherwise required to be published or mailed on behalf of any nominee under this article, on the basis of the content of such material. (b) Neither the corporation, nor its agents, …
Corp. Code § 12476 Section 12476
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Without authorization of the board, no corporation funds may be expended to support a nominee for director after there are more people nominated for director than can be elected.
Corp. Code § 12477 Section 12477
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An action challenging the validity of any election, appointment or removal of a director or directors must be commenced within nine months after the election, appointment or removal. If no such action is commenced, in the absence of fraud, any election, appointment or removal of …
Corp. Code § 16100 Section 16100
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This chapter may be cited as the Uniform Partnership Act of 1994.
Corp. Code § 16101 Section 16101
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(a) As used in this chapter, the following terms and phrases have the following meanings: (1) “Business” includes every trade, occupation, and profession. (2) “Debtor in bankruptcy” means a person who is the subject of either of the following: (A) An order for relief under Title …
Corp. Code § 16102 Section 16102
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(a) A person knows a fact if the person has actual knowledge of it. (b) A person has notice of a fact if any of the following apply: (1) The person knows of it. (2) The person has received a notification of it. (3) The person has reason to know it exists from all of the facts kno…
Corp. Code § 16103 Section 16103
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(a) Except as otherwise provided in subdivision (b), relations among the partners and between the partners and the partnership are governed by the partnership agreement. To the extent the partnership agreement does not otherwise provide, this chapter governs relations among the p…
Corp. Code § 16104 Section 16104
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(a) Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter. (b) If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is that specified in Section 3289 of the Civil Code.
Corp. Code § 16105 Section 16105
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(a) A statement may be filed in the office of the Secretary of State. A certified copy of a statement that is filed in an office in another state may be filed in the office of the Secretary of State. Either filing has the effect provided in this chapter with respect to partnershi…
Corp. Code § 16106 Section 16106
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(a) Except as otherwise provided in subdivision (b) of this section, or Section 16958, the law of the jurisdiction in which a partnership has its principal office governs relations among the partners and between the partners and the partnership. (b) With respect to a registered l…
Corp. Code § 16107 Section 16107
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A partnership governed by this chapter is subject to any amendment to or repeal of this chapter.
Corp. Code § 16108 Section 16108
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Except with respect to the provisions of this chapter specifically relating to registered limited liability partnerships and foreign limited liability partnerships, this chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect …
Corp. Code § 16109 Section 16109
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The rights and duties of surviving partners, the legal representatives of deceased partners, the creditors of such partners, and the creditors of the partnership created by or defined in this chapter shall be given full force and effect notwithstanding any inconsistent provisions…
Corp. Code § 16110 Section 16110
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If any provision of this chapter or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to this end the provisions…
Corp. Code § 16111 Section 16111
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(a) Except as provided in Section 16955.5, before January 1, 1999, this chapter governs only a partnership formed (1) on or after the effective date of this chapter, unless that partnership is continuing the business of a dissolved partnership under Section 15041, or (2) before t…
Corp. Code § 16112 Section 16112
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This chapter does not affect an action or proceeding commenced or right accrued before this chapter takes effect.
Corp. Code § 16113 Section 16113
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(a) The fee for filing a statement of partnership is seventy dollars ($70). (b) Unless another fee is specified by law or the law specifies that no fee is to be charged, the fee for filing any partnership statement pursuant to this chapter is thirty dollars ($30). (c) There is no…
Corp. Code § 16114 Section 16114
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Unless another fee is specified by law or the law specifies that no fee is to be charged, the fee for acceptance of copies of process against a surviving foreign partnership or limited partnership pursuant to subdivision (b) of Section 16906 is fifty dollars ($50) for each surviv…
Corp. Code § 16201 Section 16201
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A partnership is an entity distinct from its partners.
Corp. Code § 16202 Section 16202
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(a) Except as otherwise provided in subdivision (b), the association of two or more persons to carry on as coowners a business for profit forms a partnership, whether or not the persons intend to form a partnership. (b) An association formed under a statute other than this chapte…
Corp. Code § 16203 Section 16203
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Property acquired by a partnership is property of the partnership and not of the partners individually.
Corp. Code § 16204 Section 16204
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(a) Property is partnership property if acquired in the name of either of the following: (1) The partnership. (2) One or more partners with an indication in the instrument transferring title to the property of the person’s capacity as a partner or of the existence of a partnershi…
Corp. Code § 16301 Section 16301
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Subject to the effect of a statement of partnership authority under Section 16303 both of the following apply: (1) Each partner is an agent of the partnership for the purpose of its business. An act of a partner, including the execution of an instrument in the partnership name, f…
Corp. Code § 16302 Section 16302
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(a) Partnership property may be transferred as follows: (1) Subject to the effect of a statement of partnership authority under Section 16303, partnership property held in the name of the partnership may be transferred by an instrument of transfer executed by a partner in the par…
Corp. Code § 16303 Section 16303
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(a) A partnership may file a statement of partnership authority, which is subject to all of the following: (1) The statement shall include all of the following: (A) The name of the partnership. (B) The street address of its principal office and of one principal office in Californ…
Corp. Code § 16304 Section 16304
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A partner or other person named as a partner in a filed statement of partnership authority or in a list maintained by an agent pursuant to subdivision (b) of Section 16303 may file a statement of denial stating the name of the partnership as filed with the Secretary of State, any…
Corp. Code § 16305 Section 16305
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(a) A partnership is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission, or other actionable conduct, of a partner acting in the ordinary course of business of the partnership or with authority of the partnership. (b…
Corp. Code § 16306 Section 16306
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(a) Except as otherwise provided in subdivisions (b) and (c), all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by the claimant or provided by law. (b) A person admitted as a partner into an existing partnership is not pe…
Corp. Code § 16307 Section 16307
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(a) A partnership may sue and be sued in the name of the partnership. (b) Except as otherwise provided in subdivision (g) of Section 16306, an action may be brought against the partnership and any or all of the partners in the same action or in separate actions. (c) A judgment ag…
Corp. Code § 16308 Section 16308
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Except with respect to registered limited liability partnerships and foreign limited liability partnerships: (a) If a person, by words or conduct, purports to be a partner, or consents to being represented by another as a partner, in a partnership or with one or more persons not …
Corp. Code § 16309 Section 16309
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(a) The statement of partnership authority may designate an agent for service of process. The agent may be an individual residing in this state or a corporation that has complied with Section 1505 and whose capacity to act as an agent has not terminated. If an individual is desig…
Corp. Code § 16310 Section 16310
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(a) If a partnership has designated an agent for service of process, process may be served on the partnership as provided in this section and in Chapter 4 (commencing with Section 413.10) of Title 5 of Part 2 of the Code of Civil Procedure. (b) Personal service of a copy of any p…
Corp. Code § 16401 Section 16401
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(a) Each partner is deemed to have an account that is subject to both of the following: (1) Credited with an amount equal to the money plus the value of any other property, net of the amount of any liabilities, the partner contributes to the partnership and the partner’s share of…
Corp. Code § 16402 Section 16402
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A partner has no right to receive, and may not be required to accept, a distribution in kind.
Corp. Code § 16403 Section 16403
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(a) A partnership shall keep its books and records, if any, in writing or in any other form capable of being converted into clearly legible tangible form, at its principal office. (b) A partnership shall provide partners and their agents and attorneys access to its books and reco…
Corp. Code § 16404 Section 16404
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(a) The fiduciary duties a partner owes to the partnership and the other partners are the duty of loyalty and the duty of care set forth in subdivisions (b) and (c). (b) A partner’s duty of loyalty to the partnership and the other partners includes all of the following: (1) To ac…
Corp. Code § 16405 Section 16405
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(a) A partnership may maintain an action against a partner for a breach of the partnership agreement, or for the violation of a duty to the partnership, causing harm to the partnership. (b) A partner may maintain an action against the partnership or another partner for legal or e…
Corp. Code § 16406 Section 16406
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(a) If a partnership for a definite term or particular undertaking is continued, without an express agreement, after the expiration of the term or completion of the undertaking, the rights and duties of the partners remain the same as they were at the expiration or completion, so…
Corp. Code § 16501 Section 16501
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A partner is not a coowner of partnership property and has no interest in partnership property that can be transferred, either voluntarily or involuntarily.