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Cal. Corp. Code § 7120

Formation

Known as the Nonprofit Mutual Benefit Corporation Law

The act spans §§ 7110–8910 (196 sections).

Amended by Stats. 1983, Ch. 1085, Sec. 3.

(a) One or more persons may form a corporation under this part by executing and filing articles of incorporation.

(b) If initial directors are named in the articles, each director named in the articles shall sign and acknowledge the articles; if initial directors are not named in the articles, the articles shall be signed by one or more persons who thereupon are the incorporators of the corporation.

(c) The corporate existence begins upon the filing of the articles and continues perpetually, unless otherwise expressly provided by law or in the articles.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.