California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 1. CORPORATIONS |
Division 1. GENERAL CORPORATION LAW |
Chapter 23. Transition Provisions |
Section 2303.
Latest version.
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Sections 206 and 207 of the new law apply to corporations existing on the effective date, but any statement in the articles of such corporation, prior to an amendment thereof pursuant to Section 2302, relating to the purposes or powers of the corporation shall not be construed as a limitation unless it is expressly stated as such.
(Added by Stats. 1975, Ch. 682.)