Professor Bainbridge Discusses California Corporation Dissolution in a Post Featured in a National Law Review Article

October 7, 2014 – Professor Stephen Bainbridge discussed several legal requirements for corporation dissolution in California in a post that was featured in a National Law Review article.

Professor Bainbridge cites three ways in which the death penalty may be imposed on corporations under the Model Business Corporation Act - “voluntary dissolution approved by the shareholders and the board of directors”; administrative dissolution by the Secretary of State; and judicial dissolution at the request of the Attorney General.  California generally follows this pattern, but there are some differences.

Read the article.