“Constituent social purpose corporation” means a social purpose corporation that is merged with or into one or more corporations or one or more other business entities and includes a surviving social purpose corporation.

(Amended by Stats. 2014, Ch. 694, Sec. 22. (SB 1301) Effective January 1, 2015.)

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Terms Used In California Corporations Code 2504

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.