{"code":"CORP","codeName":"Corporations Code","section":"12374","citation":"Corp. Code, § 12374","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. CORPORATIONS [100. - 14707.]","url":"https://blackletter.si/corporations-code/title-1"},{"name":"DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES [12000. - 14707.]","url":"https://blackletter.si/corporations-code/title-1/division-3"},{"name":"PART 2. COOPERATIVE CORPORATIONS [12200. - 12704.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2"},{"name":"CHAPTER 2. Directors and Management [12350. - 12377.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2/chapter-2"},{"name":"ARTICLE 3. Standards of Conduct [12370. - 12377.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2/chapter-2/article-3"}],"history":"Added by Stats. 1982, Ch. 1625, Sec. 3.   Operative January 1, 1984.","effective":null,"html":"<p>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 authorizes, approves or ratifies a contract or transaction as provided in Section <a href=\"/corp/12373\">12373</a>.</p>","text":"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 authorizes, approves or ratifies a contract or transaction as provided in Section 12373.","otherVersions":[],"url":"https://blackletter.si/corporations-code/standards-of-conduct-12374","source":"California Legislative Information bulk export (pubinfo)"}