§ 1804 Corporate Dissolution Orders

Corporations Code·California

AI SummaryVerified

This law says a court can shut down a company if there's a good reason, or make other orders to fix problems fairly.

Key Takeaways

•A court can close a company if there's a good reason.
•The court can also make other orders to fix problems without closing the company.
•The goal is to be fair to everyone involved.

Example

A small business is not paying its workers and is in big debt.

The court can decide to close the business or make orders to pay the workers and fix the debt problems.

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

Official Source

View on CA.gov

§ 1804 Corporate Dissolution Orders

After hearing the court may decree a winding up and dissolution of the corporation if cause therefor is shown or, with or without winding up and dissolution, may make such orders and decrees and issue such injunctions in the case as justice and equity require. (Added by Stats. 1975, Ch. 682.)

Last verified: January 10, 2026

Key Terms

winding up dissolution orders decrees injunctions

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 1804.

Key Takeaways

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Key Terms

Related Statutes

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Key Takeaways

Example

Key Terms

Related Statutes

References