CHAPTER 16. Voluntary Dissolution [12630. - 12638.]

Chapter 16 added by Stats. 1982, Ch. 1625, Sec. 3.

§§ 12630–12638 · 9 sections

• § 12630 (a) Any corporation may elect voluntarily to wind up and dissolve (1) by approval of a majority of all members (Section 12223) or (2) by approval of the board…
• § 12631 (a) Whenever a corporation has elected to wind up and dissolve a certificate evidencing that election shall forthwith be filed. (b) The certificate shall be an…
• § 12632 (a) A voluntary election to wind up and dissolve may be revoked prior to distribution of any assets: (1) if the election was made pursuant to paragraph (1) of…
• § 12633 (a) Voluntary proceedings for winding up the corporation commence upon the adoption of the resolution required by Section 12630 by the members or by the board,…
• § 12634 If a corporation is in the process of voluntary winding up, the superior court of the proper county, upon the petition of (a) the corporation, or (b) a member…
• § 12635 (a) When a corporation has been completely wound up without court proceedings therefor, a majority of the directors then in office shall sign and verify a…
• § 12636 Except as otherwise provided by law, if the term of existence for which any corporation was organized expires without renewal or extension thereof, the board…
• § 12637 (a) The board, in lieu of filing the certificate of dissolution, may petition the superior court of the proper county for an order declaring the corporation…
• § 12638 (a) A corporation in the process of winding up may dispose of the known claims against it by following the procedure described in this section. (b) The written…