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HomeCorporations CodeCh. 15§ 6514 Corporate Dissolution Orders

§ 6514 Corporate Dissolution Orders

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

§ 6514 Corporate Dissolution Orders

Key Takeaways

  • •A court can decide to close down a company if there's a good reason.
  • •The court can also make other rules or stop certain actions to be fair.
  • •This happens after the court listens to both sides.

Example

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

The court can listen to the workers and others owed money, then decide to shut down the business to stop more problems. They can also order the business to pay what it owes.

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

Official Source
View on CA.gov

§ 6514 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. 1978, Ch. 567.)

Last verified: January 23, 2026

Key Terms

winding updissolutionordersdecreesinjunctions

Related Statutes

  • § 8514 Corporate Dissolution Orders
  • § 1804 Corporate Dissolution Orders
  • § 12620 Involuntary Dissolution Complaint
  • § 12624 Corporate Dissolution Orders
  • § 12625 Corporate Involuntary Winding Up

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 6514.
View Official Source