§ 13242 Corporate Bylaws Governance Rules

Corporations Code·California

AI SummaryVerified

This law lets groups set their own rules for meetings, voting, and leaders. It says how many people need to be there to make decisions, how voting works, and what happens if rules are broken.

Key Takeaways

•Groups can decide how many people need to be at a meeting to make decisions (quorum).
•They can allow voting by mail or letting someone else vote for you (proxy).
•They can set rules for leaders, like how long they stay in charge.
•They can decide punishments if someone breaks the rules.

Example

A neighborhood group wants to decide if they should build a park.

They can make rules like: 10 people must be at the meeting to decide (quorum), people can vote by mail, and if someone breaks the rules, they might get a warning or fine.

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

Official Source

View on CA.gov

§ 13242 Corporate Bylaws Governance Rules

The by-laws may provide: (a) The number of members constituting a quorum. (b) The right of members to vote by proxy or by mail or both, and the conditions, manner, form and effects of such votes; the right of members to cumulate their votes and the prohibition, if desired, of cumulative voting. (c) The number of directors constituting a quorum. (d) The qualifications, compensation and duties and term of office of directors and officers and the time of their election. (e) Penalties for violations of the by-laws. (Added by Stats. 1953, Ch. 207.)

Last verified: January 10, 2026

Key Terms

quorum vote by proxy cumulate their votes qualifications compensation duties term of office penalties

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 13242.

§ 13242 Corporate Bylaws Governance Rules

Corporations Code·California

AI SummaryVerified

§ 13242 Corporate Bylaws Governance Rules

This law lets groups set their own rules for meetings, voting, and leaders. It says how many people need to be there to make decisions, how voting works, and what happens if rules are broken.

Key Takeaways

•Groups can decide how many people need to be at a meeting to make decisions (quorum).
•They can allow voting by mail or letting someone else vote for you (proxy).
•They can set rules for leaders, like how long they stay in charge.
•They can decide punishments if someone breaks the rules.

Example

A neighborhood group wants to decide if they should build a park.

They can make rules like: 10 people must be at the meeting to decide (quorum), people can vote by mail, and if someone breaks the rules, they might get a warning or fine.

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

Official Source

View on CA.gov

§ 13242 Corporate Bylaws Governance Rules

Last verified: January 10, 2026

Key Terms

quorum vote by proxy cumulate their votes qualifications compensation duties term of office penalties

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 13242.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References