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HomeCorporations CodeCh. 17§ 12652 Corporate Director Disputes Resolution

§ 12652 Corporate Director Disputes Resolution

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

§ 12652 Corporate Director Disputes Resolution

This law says that if a company's leaders are missing, dead, or won't do their job, someone can ask a court to figure out who the real leaders are or pick new ones to close down the company.

Key Takeaways

  • •If a company's leaders are missing, dead, or not doing their job, someone can ask a court for help.
  • •The court can decide who the real leaders are or pick new ones.
  • •This is only for closing down the company, not running it normally.

Example

A small family business has 3 leaders, but 2 of them disappear and the third one refuses to work. The business can't pay its bills or close properly.

A family member can go to court and ask a judge to either confirm who the real leaders are or appoint new ones to shut down the business the right way.

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

Official Source
View on CA.gov

§ 12652 Corporate Director Disputes Resolution

When the identity of the directors or their right to hold office is in doubt, or if they are dead or unable to act, or they fail or refuse to act or their whereabouts cannot be ascertained, any interested person may petition the superior court of the proper county to determine the identity of the directors or, if there are no directors, to appoint directors to wind up the affairs of the corporation, after hearing upon such notice to such persons as the court may direct. (Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)

Last verified: January 10, 2026

Key Terms

directorspetitionsuperior courtwind up the affairs of the corporation

Related Statutes

  • § 6712 Director Identity Or Appointment
  • § 2003 Corporate Director Dispute Resolution
  • § 8712 Director Identity Or Appointment
  • § 6710 Corporate Dissolution Director Powers
  • § 100 Member Director Nomination Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 12652.
View Official Source