Cal. Corporations Code § 22003

California · California Corporations Code · Status: effective

Cite this

Citation: Cal. Corporations Code § 22003, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/793185
Permanent ID: ys:prov:793185@1
SHA-256: e888e714f2aa6a52a37424bb7040a40b433326061a95ee5610090ba8846ee3bd

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

For the purposes of this part every director of a joint stock association is deemed to possess such knowledge of the affairs of his association as to enable him to determine whether any act, proceeding, or omission of its directors is a violation of this part.