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HomeCorporations CodeCh. 1Art. 4§ 12316 Incorporators Organizational Powers

§ 12316 Incorporators Organizational Powers

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

§ 12316 Incorporators Organizational Powers

This law lets the people who start a corporation (the incorporators) handle any needed steps to get the company organized if the original directors weren't listed in the paperwork, including setting up bylaws and picking directors until the directors are actually elected.

Key Takeaways

  • •Incorporators can act when the articles don't name initial directors.
  • •They may adopt or change bylaws to organize the corporation.
  • •They can elect directors and officers temporarily until a formal election occurs.

Example

A group of friends incorporates a small nonprofit but forgets to list any directors in the filing.

Because no directors were named, the incorporators can adopt temporary bylaws and vote in interim directors to get the organization up and running until the proper board is chosen.

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

Official Source
View on CA.gov

§ 12316 Incorporators Organizational Powers

If initial directors have not been named in the articles of incorporation, the incorporators may do whatever is necessary and proper to perfect the organization of the corporation, including the adoption and amendment of bylaws of the corporation and the election of directors and officers, until the directors are elected. (Added by Stats. 1983, Ch. 792, Sec. 11.)

Last verified: January 10, 2026

Key Terms

initial directorsarticles of incorporationincorporatorsbylawsdirectors and officers

Related Statutes

  • § 12300 Corporation Formation Requirements
  • § 5134 Incorporator Powers Before Directors
  • § 7120 Corporation Formation Requirements
  • § 7134 Incorporator Powers Before Directors
  • § 9120 Corporation Formation Requirements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 12316.
View Official Source