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Test Your Knowledge Of California Corporate Law!

Over the years, I've made mental notes of some obscure California corporate law questions.  Can you identify the following types of corporations corporations?

  • At least five persons are required to form this type of corporation.  
  • Within six months of taking office, board members of this type of corporation must receive at least two hours training from a qualified trainer.  
  • Any superior court judge in the county in which this type of corporation has its principal office has access "at all times" to its books.
  • The Bylaws of this type of corporation must authorize the removal of officers only by a two-thirds vote of the directors. 
  • Any person who willfully and maliciously injures the property of this type of corporation may be liable for three times the amount of actual damages.

Answers in tomorrow's post.

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