California Laws: Corporations Code Sections 7230-7238
- California Laws: Corporations Code Section 7230
(a) Any duties and liabilities set forth in this article shall apply without regard to whether a director is compensated by the corporation. (b) Part...
- California Laws: Corporations Code Section 7231
(a) A director shall perform the duties of a director, including duties as a member of any committee of the board upon which the director...
- California Laws: Corporations Code Section 7231.5
(a) Except as provided in Section 7233 or 7236, there is no monetary liability on the part of, and no cause of action for damages...
- California Laws: Corporations Code Section 7232
(a) Section 7231 governs the duties of directors as to any acts or omissions in connection with the election, selection, or nomination of directors. (b)...
- California Laws: Corporations Code Section 7233
(a) No contract or other transaction between a corporation and one or more of its directors, or between a corporation and any domestic or foreign...
- California Laws: Corporations Code Section 7234
Interested or common directors may be counted in determining the presence of a quorum at a meeting of the board or a committee thereof which...
- California Laws: Corporations Code Section 7235
(a) Unless prohibited by the articles or bylaws, a corporation may loan money or property to, or guarantee the obligation of, any director or officer...
- California Laws: Corporations Code Section 7236
(a) Subject to the provisions of Section 7231, directors of a corporation who approve any of the following corporate actions shall be jointly and severally...
- California Laws: Corporations Code Section 7237
(a) For the purposes of this section, "agent" means any person who is or was a director, officer, employee or other agent of the corporation,...
- California Laws: Corporations Code Section 7238
Where a corporation holds assets in charitable trust, the conduct of its directors or of any person performing functions similar to those performed by a...
