Corporation Sole Statutes: California

Corporation Sole Statutes

California Corporation Sole Statute

Cal. Code § 10000. 

The provisions of this part apply to all corporations sole organized either before or after March 30, 1878, whether or not the corporations organized before have elected to continue their existence under the Civil Code or elect to continue their existence under this code, except that Sections 10002, and 10012 to 10015, inclusive, do not apply to corporations sole formed before March 30, 1878, unless they have elected to continue their existence under the Civil Code or under this code.

Credits

(Stats.1947, c. 1038, p. 2417, § 10000.)

Cal. Code § 10001. 

Any corporation sole formed prior to March 30, 1878, and existing under the laws of this State may elect to continue its existence under this part by filing a certificate to that effect, under its corporate seal, if any, signed by its chief officer, or by filing amended articles of incorporation in the form required in this part.

Credits

(Stats.1947, c. 1038, p. 2417, § 10001.)

West’s Ann. Cal. Corp. Code § 10001, CA CORP § 10001

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10002.

A corporation sole may be formed under this part by the bishop, chief priest, presiding elder, or other presiding officer of any religious denomination, society, or church, for the purpose of administering and managing the affairs, property, and temporalities thereof.

Credits

(Stats.1947, c. 1038, p. 2417, § 10002.)

West’s Ann. Cal. Corp. Code § 10002, CA CORP § 10002

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10003. 

The articles of incorporation shall state:

(a) The name of the corporation.

(b) That the officer forming the corporation is duly authorized by the rules, regulations, or discipline of the religious denomination, society, or church to take such action.

(c) The county in this State where the principal office for the transaction of the business of the corporation is located.

(d) The manner in which any vacancy occurring in the office of the bishop, chief priest, presiding elder, or other presiding officer is required to be filled by the rules, regulations, or constitution of the denomination, society, or church.

Credits

(Stats.1947, c. 1038, p. 2417, § 10003.)

West’s Ann. Cal. Corp. Code § 10003, CA CORP § 10003

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10004. 

The articles of incorporation may state any desired provision for the regulation of the affairs of the corporation in a manner not in conflict with law, including restrictions upon the power to amend all or any part of the articles of incorporation.

Credits

(Stats.1947, c. 1038, p. 2417, § 10004.)

West’s Ann. Cal. Corp. Code § 10004, CA CORP § 10004

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10005.

The articles shall be signed and verified by the bishop, chief priest, presiding elder, or other presiding officer forming the corporation and shall be submitted to the Secretary of State for filing in his office. If they conform to law he shall file them and endorse the date of filing thereon. Upon the filing of the articles with the Secretary of State the corporation sole is formed.

Credits

(Stats.1947, c. 1038, p. 2417, § 10005.)

Notes of Decisions (6)

West’s Ann. Cal. Corp. Code § 10005, CA CORP § 10005

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10007.

Every corporation sole may:

(a) Sue and be sued, and defend, in all courts and places, in all matters and proceedings whatever.

(b) Contract in the same manner and to the same extent as a natural person, for the purposes of the trust.

(c) Borrow money, and give promissory notes therefor, and secure the payment thereof by mortgage or other lien upon property, real or personal.

(d) Buy, sell, lease, mortgage, and in every way deal in real and personal property in the same manner that a natural person may, without the order of any court.

(e) Receive bequests and devises for its own use or upon trusts to the same extent as natural persons may, subject, however, to the laws regulating the transfer of property by will.

(f) Appoint attorneys in fact.

Credits

(Stats.1947, c. 1038, p. 2418, § 10007.)

Notes of Decisions (4)

West’s Ann. Cal. Corp. Code § 10007, CA CORP § 10007

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10008. 

Every corporation sole has perpetual existence and also has continuity of existence, notwithstanding vacancies in the incumbency thereof. During the period of any such vacancy, the corporation sole has the same capacity and right to receive and take any gift, bequest, devise, or conveyance of property, either as grantee for its own use, or as trustee, and to be or be made the beneficiary of a trust, as though there were no vacancy. No agency created by a corporation sole by a written instrument which in express terms provides that the agency thereby created shall not be terminated by a vacancy in the incumbency of the corporation is terminated or affected by the death of the incumbent of the corporation or by a vacancy in the incumbency thereof, however caused.

Credits

(Stats.1947, c. 1038, p. 2418, § 10008.)

Notes of Decisions (1)

West’s Ann. Cal. Corp. Code § 10008, CA CORP § 10008

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10009. 

Any judge of the superior court in the county in which a corporation sole has its principal office shall at all times have access to the books of the corporation.

Credits

(Stats.1947, c. 1038, p. 2418, § 10009.)

West’s Ann. Cal. Corp. Code § 10009, CA CORP § 10009

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10010.

The chief officer of a corporation sole may at any time amend the articles of incorporation of the corporation changing its name, the term of its existence, its territorial jurisdiction, or the manner of filling any vacancy in the office thereof, and may by amended articles of incorporation make provision for any act or thing for which provision is authorized in original articles of incorporation of corporations sole.

The chief officer of the corporation shall sign and verify a statement setting forth the provisions of the amendment and stating that it has been duly authorized by the religious organization governed by the corporation.

The amendment shall be submitted to the Secretary of State for filing in his office. If it conforms to law he shall file it and endorse the date of filing thereon. Thereupon the articles are amended in the manner set forth in the statement.

Credits

(Stats.1947, c. 1038, p. 2418, § 10010.)

Notes of Decisions (4)

West’s Ann. Cal. Corp. Code § 10010, CA CORP § 10010

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10012. 

A corporation sole may be dissolved and its affairs wound up voluntarily by filing with the Secretary of State a declaration of dissolution executed, signed, and verified by the chief officer of the corporation.

Credits

(Stats.1947, c. 1038, p. 2419, § 10012.)

West’s Ann. Cal. Corp. Code § 10012, CA CORP § 10012

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10013. 

The declaration of dissolution shall set forth all of the following:

(a) The name of the corporation.

(b) The reason for its dissolution or winding up.

(c) That dissolution of the corporation has been duly authorized by the religious organization governed by the corporation sole.

(d) The names and addresses of the persons who are to supervise the winding up of the affairs of the corporation.

Credits

(Stats.1947, c. 1038, p. 2419, § 10013.)

West’s Ann. Cal. Corp. Code § 10013, CA CORP § 10013

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10014. 

The declaration shall be submitted to the Secretary of State for filing in his office. If it conforms to law he shall file it and endorse the date of filing thereon. Thereupon the corporation shall cease to carry on business, except for the purpose of adjusting and winding up its affairs.

Credits

(Stats.1947, c. 1038, p. 2419, § 10014. Amended by Stats.1982, c. 662, p. 2714, § 28.)

West’s Ann. Cal. Corp. Code § 10014, CA CORP § 10014

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

Cal. Code § 10015. 

After the debts and obligations of the corporation are paid or adequately provided for, any assets remaining shall be transferred to the religious organization governed by the corporation sole, or to trustees in its behalf, or disposed of as may be decreed by the superior court of the county in which the dissolved corporation had its principal office upon petition therefor by the Attorney General or any person connected with the organization.

Credits

(Stats.1947, c. 1038, p. 2419, § 10015.)

Notes of Decisions (3)

West’s Ann. Cal. Corp. Code § 10015, CA CORP § 10015

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

 

CODE COMMISSION NOTES

2014 Main Volume

C.C. 602, relating to corporations sole, was added to the Civil Code by 1877-78:522:84, approved March 30, 1878, in effect immediately. The reference to precode corporations sole should therefore be to corporations organized before that date rather than before January 1, 1873, the effective date of the Civil Code.

West’s Ann. Cal. Corp. Code § 10000, CA CORP § 10000

Current with all 2014 Reg.Sess. laws, Res. Ch. 1 of 2013-2014 2nd Ex.Sess., and all propositions on 2014 ballots

End of Document  © 2015 Thomson Reuters. No claim to original U.S. Government Works. 

 

Last updated: May 2015