§ 12501 Amending Articles Before Directors

Corporations Code·California

AI SummaryVerified

This law says that if a small group starts a company but hasn't picked leaders or added members yet, they can change the company's rules if most of them agree in writing.

Key Takeaways

•This only works if no leaders have been picked yet.
•The company can't have any members besides the original group.
•Most of the original group must agree in writing to change the rules.

Example

A few friends start a club but haven't chosen a president or let anyone else join yet.

If most of them sign a paper saying they want to change the club's rules, they can do it without asking anyone else.

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

Official Source

View on CA.gov

§ 12501 Amending Articles Before Directors

Any amendment of the articles may be adopted by a writing signed by a majority of the incorporators so long as: (a) No directors were named in the original articles; (b) No directors have been elected; and (c) The corporation has no members. (Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)

Last verified: January 10, 2026

Key Terms

amendment articles incorporators directors members

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 12501.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References