Cal. Corp. Code § 5523

Current through the 2023 Legislative Session.

Section 5523 - Equal space for nominees in election material distributed by corporation with 500 or more members

A corporation with 500 or more members may provide that where it distributes any written election material soliciting a vote for any nominee for director at the corporation's expense, it shall make available, at the corporation's expense to each other nominee, in or with the same material, the same amount of space that is provided any other nominee, with equal prominence, to be used by the nominee for a purpose reasonably related to the election.

Ca. Corp. Code § 5523

Amended by Stats. 1996, Ch. 589, Sec. 15. Effective January 1, 1997.