{"code":"CORP","codeName":"Corporations Code","section":"14015","citation":"Corp. Code, § 14015","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 5. SMALL BUSINESSES [14000. - 14024.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-5"},{"name":"CHAPTER 1. California Small Business Financial Development Corporations [14000. - 14024.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-5/chapter-1"},{"name":"ARTICLE 5. Corporation Board [14013. - 14017.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-5/chapter-1/article-5"}],"history":"Added by Stats. 2013, Ch. 537, Sec. 2.   (AB 1247)   Effective October 4, 2013.","effective":"2013-10-04","html":"<p>If any director ceases to meet the qualifications established in Section <a href=\"/corp/14014\">14014</a>, he or she shall immediately vacate his or her position as a director and the position shall be deemed vacant. </p>","text":"If any director ceases to meet the qualifications established in Section 14014, he or she shall immediately vacate his or her position as a director and the position shall be deemed vacant.","otherVersions":[],"url":"https://blackletter.si/corporations-code/corporation-board-14015","source":"California Legislative Information bulk export (pubinfo)"}