Cal. Corporations Code § 301
Cal. Corporations Code § 301
California · California Corporations Code · Status: effective
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- Citation
- Cal. Corporations Code § 301, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/791100
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Full text
(a) Except as provided in Section 301.5, at each annual meeting of shareholders, directors shall be elected to hold office until the next annual meeting. However, to effectuate a voting shift (Section 194.7) the articles may provide that directors hold office for a shorter term. The articles may provide for the election of one or more directors by the holders of the shares of any class or series voting as a class or series.
(b) Each director, including a director elected to fill a vacancy, shall hold office until the expiration of the term for which elected and until a successor has been elected and qualified.