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Current as of January 01, 2025 | Updated by Findlaw Staff
Any penalty prescribed by Section 2200 or Section 2201 shall be in addition to any remedy by injunction or action for damages or by writ of mandate for the nonperformance of acts and duties enjoined by law upon the corporation or its directors or officers.
The court in which an action for any such penalty is brought may reduce, remit or suspend the penalty on such terms and conditions as it may deem reasonable when it is made to appear that the neglect, failure or refusal was inadvertent or excusable.
Cite this article: FindLaw.com - California Code, Corporations Code - CORP § 2202 - last updated January 01, 2025 | https://codes.findlaw.com/ca/corporations-code/corp-sect-2202/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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