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HomeCorporations CodeCh. 1§ 106 Corporate Property Attachment Rules

§ 106 Corporate Property Attachment Rules

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 106 Corporate Property Attachment Rules

This law says that any company created under this rule must follow the state's rules for taking company property if they owe money.

Key Takeaways

  • •Companies must follow the rules for paying debts.
  • •If a company doesn't pay, the court can take its property.
  • •This applies to all companies formed under this rule.

Example

A small business owes money to a supplier but refuses to pay.

The supplier can ask the court to take some of the business's property to cover the debt.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 106 Corporate Property Attachment Rules

Any corporation heretofore or hereafter formed under this division shall, as a condition of its existence as a corporation, be subject to the provisions of the Code of Civil Procedure authorizing the attachment of corporate property. (Repealed and added by Stats. 1975, Ch. 682.)

Last verified: January 10, 2026

Key Terms

corporationCode of Civil Procedureattachment of corporate property

Related Statutes

  • § 12211 Corporate Property Attachment Rules
  • § 105 Corporate Lawsuit Procedures
  • § 12210 Corporate Lawsuit Procedures
  • § 2502.04 Social Purpose Corporation Attachment
  • § 5005 Corporate Property Attachment Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 106.
View Official Source