CHAPTER 3. Directors and Management

Chapter 3 added by Stats. 2011, Ch. 740, Sec. 12.

§§ 2700–2702 · 3 sections

• § 2700 (a) A director shall perform the duties of a director, including duties as a member of any committee of the board upon which the director may serve, in good…
• § 2701 (a) Subject to Section 2700, directors of a social purpose corporation who approve any of the following corporate actions shall be jointly and severally liable…
• § 2702 (a) For the purposes of this section: (1) “Agent” means any person who is or was a director, officer, employee, or other agent of the social purpose…