CHAPTER 11. Records and Reports

Chapter 11 added by Stats. 2011, Ch. 740, Sec. 12.

§§ 3500–3503 · 4 sections

• § 3500 (a) The board of a social purpose corporation shall cause an annual report to be sent to the shareholders not later than 120 days after the close of the fiscal…
• § 3501 (a) The board shall cause a special purpose current report to be sent to the shareholders not later than 45 days following the occurrence of any one or more of…
• § 3502 (a) Nothing contained in subdivision (b) of Section 3500 or Section 3501 shall require a detailing or itemization of every relevant expenditure incurred, or…
• § 3503 Any officers, directors, employees, or agents of a social purpose corporation who do any of the following shall be liable jointly and severally for all the…