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HomeCorporations CodeCh. 2Art. 2§ 9226 Director Resignation Restrictions

§ 9226 Director Resignation Restrictions

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

§ 9226 Director Resignation Restrictions

Key Takeaways

  • •A director cannot quit if it means the company will have no directors left.
  • •The company must always have at least one director to be in charge.
  • •This rule stops directors from leaving the company with no one in charge.

Example

Imagine a small company with only one director. That director wants to quit.

The director cannot quit because then the company would have no one in charge. They must stay until another director is chosen.

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

Official Source
View on CA.gov

§ 9226 Director Resignation Restrictions

No director may resign where the corporation would then be left without a duly elected director or directors in charge of its affairs. (Added by Stats. 1978, Ch. 567.)

Last verified: January 23, 2026

Key Terms

directorresignduly elected directorcorporation

Related Statutes

  • § 5226 Director Resignation Restrictions
  • § 12364 Filling Board Director Vacancies
  • § 5224 Filling Board Director Vacancies
  • § 7222 Director Removal By Members
  • § 7224 Filling Board Director Vacancies

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 9226.
View Official Source