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What is an involuntary dissolution of corporation in California?

In an action brought by directors or shareholders, the grounds for involuntary dissolution include that (1) the corporation has abandoned its business for more than one year, (2) the corporation has an even number of directors who are equally divided, and the shareholders are also so divided that they cannot elect a

When to file 25102 O notice?

Corporations Code section 25102(o) requires the notice to be filed no more than 30 days after the initial issuance of securities under the plan.

What is the California corporations Code for merger?

1101. (a) The board of each corporation that desires to merge shall approve an agreement of merger. The constituent corporations shall be parties to the agreement of merger and other persons, including a parent party (Section 1200), may be parties to the agreement of merger.

What is the corporation code 25102?

A corporation, partnership, or other organization specifically formed for the purpose of acquiring the securities offered by the issuer in reliance upon this exemption may be a qualified purchaser only if each of the equity owners of the corporation, partnership, or other organization is a qualified purchaser.

What is the California corporations Code definition of affiliate?

A corporation is an affiliate of, or a corporation is affiliated with, another specified corporation if it directly, or indirectly through one or more intermediaries, controls, is controlled by or is under common control with the other specified corporation.