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Can The Board Remove A Director?

Picture of Keith Paul Bishop Posted on March 02, 2017 by Keith Paul Bishop

Can a board of directors remove one of its own?  In the case of a California corporation, the answer is no.  The power to remove directors is vested in the shareholders and the superior court pursuant to Corporations Code Section 303 and 304.  While...

California Corporations Code, Corporate Governance, director, removal, Section 302

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30172DBAB0084D3A8F39D7AF0A8E79BC.ashxKeith Paul Bishop
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    Keith Paul Bishop
    Partner at Allen Matkins
    (949) 353-6347
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