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2016 California Code
Corporations Code - CORP
TITLE 3 - UNINCORPORATED ASSOCIATIONS
PART 3 - JOINT STOCK ASSOCIATIONS
Section 22003.

CA Corp Code § 22003 (2016) What's This?

22003. 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.

(Enacted by Stats. 1947, Ch. 1038.)

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