Removal by the Court
Adams Stirling PLC
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REMOVAL BY THE COURT

A legal proceeding to remove a director from the board may be brought by the board as a whole or by any director, provided the association is named as a party. (Corp. Code §7223(a).) An action to remove a director from the board may be brought (i) if the director has committed fraudulent or dishonest acts or engaged in gross abuse of authority (Corp. Code §7223) or (ii) the director has become unsound of mind or has been convicted of a felony. (Corp. Code §7221(a).)

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Adams Stirling PLC