CHAPTER 20. General Provisions Relating to Dissolution [2000. - 2011.]
Chapter 20 added by Stats. 1975, Ch. 682.
§§ 2000–2011 · 12 sections
- § 2000 (a) Subject to any contrary provision in the articles, which may include a reference to a separate written agreement between two or more shareholders…
- § 2001 The powers and duties of the directors (or other persons appointed by the court pursuant to Section 1805) and officers after commencement of a dissolution…
- § 2002 A vacancy on the board may be filled during a winding up proceeding in the manner provided in Section 305.
- § 2003 When the identity of the directors or their right to hold office is in doubt, or if they are dead or unable to act, or they fail or refuse to act or their…
- § 2004 After determining that all the known debts and liabilities of a corporation in the process of winding up have been paid or adequately provided for, the board…
- § 2005 The payment of a debt or liability, whether the whereabouts of the creditor is known or unknown, has been adequately provided for if the payment has been…
- § 2006 Distribution may be made either in money or in property or securities and either in installments from time to time or as a whole, if this can be done fairly…
- § 2007 (a) If the corporation in process of winding up has both preferred and common shares outstanding, a plan of distribution of the shares, obligations or…
- § 2008 (a) If any shareholders or creditors are unknown or fail or refuse to accept their payment, dividend, or distribution in cash or property or their whereabouts…
- § 2009 (a) Whenever in the process of winding up a corporation any distribution of assets has been made, otherwise than under an order of court, without prior payment…
- § 2010 (a) A corporation which is dissolved nevertheless continues to exist for the purpose of winding up its affairs, prosecuting and defending actions by or against…
- § 2011 (a) (1) Causes of action against a dissolved corporation, whether arising before or after the dissolution of the corporation, may be enforced against any of…