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California Section 2116 and Officers

California Section 2116 and Officers
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California Statute is Limited to Foreign Corporations

The directors of a foreign corporation transacting intrastate business are liable to the corporation in bankruptcy for the making of unauthorized dividends, reports or public notices or other violation of official duty according to any applicable laws of the state

California s Narrow Codification Of The Internal Affairs Doctrine | Allen Matkins

It is sometimes said that California Corporations Code section 2116 "codifies" the internal affairs doctrine.  See, e.g.,  Drulias v. 1st Century Bancshares, Inc., 30 Cal. App. 5th 696,.

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