California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 1. CORPORATIONS |
Division 3. CORPORATIONS FOR SPECIFIC PURPOSES |
Part 5. SMALL BUSINESSES |
Chapter 1. California Small Business Financial Development Corporations |
ARTICLE 5. Corporation Board |
Section 14016.
Latest version.
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If any vacancy occurs in the elective membership of the board of directors through death, resignation, or otherwise, the remaining directors shall elect a person representing the appropriate category to fill the vacancy for the unexpired term.
(Added by Stats. 2013, Ch. 537, Sec. 2. Effective October 4, 2013.)