Section 12476.

Cal. Corporations Code - CORP § 12476.
in effect
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Without authorization of the board, no corporation funds may be expended to support a nominee for director after there are more people nominated for director than can be elected.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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