California CodesBusiness and Professions Code - BPCDivision 7 — General Business RegulationsPart 3 — Representations to the PublicChapter 1 — AdvertisingArticle 2.7 — Travel Consumer Restitution PlanSection 17550.54
(a) The Secretary of State shall not file articles for the incorporation of the Travel Consumer Restitution Corporation or an amendment to the articles unless the office of the Attorney General has issued written approval of the articles or amendment.
(b) The Travel Consumer Restitution Corporation shall not adopt any bylaws or amendments thereto without the written consent of the office of the Attorney General. If the office of the Attorney General does not approve or disapprove any bylaws or amendments within 60 days of receipt, such bylaws or amendments shall be deemed to be approved.
Notes
Prohibits the Secretary of State from filing Travel Consumer Restitution Corporation articles or amendments without written Attorney General approval and bars the corporation from adopting bylaws or amendments without written consent. Bylaws or amendments are deemed approved if the Attorney General neither approves nor disapproves them within 60 days after receipt.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 17550.54 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-7/part-3/chapter-1/article-2-7/section-17550-54