2012 California Codes
CORP - Corporations Code
TITLE 1 - CORPORATIONS [100 - 14631]
DIVISION 2 - NONPROFIT CORPORATION LAW
PART 4 - NONPROFIT RELIGIOUS CORPORATIONS
CHAPTER 2 - Directors and Management
ARTICLE 1 - General Provisions
Section 9214
Subject to the provisions of subdivision (a) of Section 9141 and Section 9142, any note, mortgage, evidence of indebtedness, contract, conveyance or other instrument in writing, and any assignment or endorsement thereof, executed or entered into between any corporation and any other person, when signed by any one of the chairman of the board, the president, or any vice president and by any one of the secretary, any assistant secretary, the chief financial officer or any assistant treasurer of such corporation, is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the signing officers had no authority to execute the same.
(Amended by Stats. 1996, Ch. 589, Sec. 41. Effective January 1, 1997.)
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