§ 16752 Corporate Charter Forfeiture Proceedings

Business and Professions Code·California

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Key Takeaways

•If a company breaks the rules in this part of the law, the government can take away its rights to do business.
•The Attorney General or a local prosecutor can go to court to shut down the company if it breaks the rules.
•This can happen to any company or group, no matter how big or small.

Example

A big toy company keeps selling dangerous toys that hurt kids, even after being warned to stop.

The government can go to court and ask a judge to shut down the toy company so it can’t sell toys anymore.

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

Official Source

View on CA.gov

§ 16752 Corporate Charter Forfeiture Proceedings

Upon a violation of this chapter by any corporation or association the Attorney General or the district attorney of the proper county may institute proper proceedings in a court of competent jurisdiction for the forfeiture of charter rights, franchises or privileges and powers exercised by such corporation or association, and for the dissolution of the corporation or association. (Amended by Stats. 1959, Ch. 2079.)

Last verified: January 22, 2026

Key Terms

violation corporation association Attorney General district attorney forfeiture dissolution

References

Official text at leginfo.legislature.ca.gov
California Legislature. Business and Professions Code. Section 16752.

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Key Takeaways

Example

Key Terms

Related Statutes

References