Code Section

Corporations Code - CORP

TITLE 1. CORPORATIONS [100 - 14707]

  ( Title 1 enacted by Stats. 1947, Ch. 1038. )
  

DIVISION 2. NONPROFIT CORPORATION LAW [5000 - 10841]

  ( Heading of Division 2 amended by Stats. 1978, Ch. 567. )
  

PART 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS [7110 - 8910]

  ( Part 3 added by Stats. 1978, Ch. 567. )
  

CHAPTER 5. Meetings and Voting [7510 - 7527]

  ( Chapter 5 added by Stats. 1978, Ch. 567. )
  

ARTICLE 2. Additional Provisions Relating to Election of Directors [7520 - 7527]
  ( Article 2 added by Stats. 1978, Ch. 567. )

  
7527.  

An action challenging the validity of any election, appointment or removal of a director or directors must be commenced within nine months after the election, appointment or removal. If no such action is commenced, in the absence of fraud, any election, appointment or removal of a director is conclusively presumed valid nine months thereafter.

(Amended by Stats. 1981, Ch. 587, Sec. 35.)