Crimes and Penalties
Cal. CORP § 2205
California Statutes
(
a) A corporation that (1) fails to file a statement pursuant to
Section for an applicable filing period, (2) has not filed a statement pursuant to
Section during the preceding months, and (3) was certified for penalty pursuant to
Section for the same filing period, is subject to suspension pursuant to this
section rather than to penalty pursuant to
Section 2204. (
b) When subdivision (
a) is applicable, the Secretary of State shall provide a notice to the corporation informing the corporation that its corporate powers, rights, and privileges will be suspended after days if it fails to file a statement pursuant to
Section 1502. (
c) After the expiration of the 60-day period without any statement filed pursuant to
Section 1502, the Secretary of State shall notify the Franchise Tax Board of the suspension and provide a notice of the suspension to the corporation, and thereupon, the corporate powers, rights, and privileges of the corporation are suspended, except for the purpose of filing an application for exempt status or amending the articles of incorporation as necessary either to perfect that application or to set forth a new name. (
d) A statement pursuant to
Section may be filed notwithstanding suspension of the corporate powers, rights, and privileges pursuant to this
section or
Section 23301, 23301.5, or of the Revenue and Taxation Code. Upon the filing of a statement pursuant to
Section by a corporation that has suffered suspension pursuant to this section, the Secretary of State shall certify that fact to the Franchise Tax Board and the corporation may thereupon be relieved from suspension unless the corporation is held in suspension by the Franchise Tax Board by reason of