California § 817.4 - In any action instituted on or after January 1, 2010, against a board of director
Full text of California Public Contract Code - PCC § 817.4 — In any action instituted on or after January 1, 2010, against a board of director, with citation guidance and answers to common questions.
§ 817.4. In any action instituted on or after January 1, 2010, against a board of director
(a) In any action instituted on or after January 1, 2010, against a board of directors and its members based upon a breach of corporate or fiduciary duties or a failure to comply with the requirements of this chapter, a prevailing plaintiff may recover reasonable attorneyâs fees and costs. (b) If an organization formed under this chapter uses public funds, it shall not use any corporate funds to avoid compliance with this chapter or to pursue dissolution if the intent or outcome is for some or all of the members to receive any payment in excess of the transfer value to which he or she is entitled pursuant to subdivision (b) of Section 817.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 817.4
What does Public Contract Code - PCC § 817.4 cover?
Section 817.4 ("In any action instituted on or after January 1, 2010, against a board of director") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 817.4?
A common citation format is "Public Contract Code - PCC § 817.4" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 817.4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.