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2011 California Code
Corporations Code
TITLE 1. CORPORATIONS [100 - 14551]
ARTICLE 2. Additional Provisions Relating to Election of Directors
Section 5526


CA Corp Code § 5526 (through 2012 Leg Sess) What's This?

Without authorization of the board, no corporate funds may be expended to support a nominee for director after there are more people nominated for director than can be elected.

(Added by Stats. 1978, Ch. 567.)

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