§ 154 Corporate Articles Definitions

Corporations Code·California

AI SummaryVerified

This law explains what 'articles' means in company rules and says that for small, private companies, votes required by these rules also include votes required by shareholder agreements.

Key Takeaways

•'Articles' means the main rules and papers that create and change a company.
•For small private companies, votes required by these rules also include votes required by shareholder agreements.
•This makes sure everyone follows both the company rules and any extra agreements they have.

Example

A small family business wants to change its company rules.

If the family has a special agreement about voting, they must follow both the company rules and their agreement when making changes.

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

Official Source

View on CA.gov

§ 154 Corporate Articles Definitions

“Articles” includes the articles of incorporation, amendments thereto, amended articles, restated articles, certificate of incorporation and certificates of determination. All references in this division to a vote required by the “articles” include, in the case of a close corporation (Section 158), any vote required by a shareholders’ agreement. (Amended by Stats. 1976, Ch. 641.)

Last verified: January 10, 2026

Key Terms

Articles close corporation shareholders’ agreement

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 154.

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Key Takeaways

Example

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Related Statutes

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