2011 California Code
Corporations Code
TITLE 1. CORPORATIONS [100 - 14551]
ARTICLE 6. New Corporations
Section 14052
For six months following the establishment of a corporation, commencing upon filing of the articles of incorporation with the Secretary of State, a corporation shall be on probation. While on probation, a corporation may be suspended if suspension is recommended by the director. This suspension is nonappealable and not subject to the procedures for suspension applicable to a corporation not on probation.
(Amended by Stats. 1996, Ch. 1046, Sec. 20. Effective January 1, 1997.)
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