California Corporations Code 14200 – The Legislature finds and declares that the formation of …
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The Legislature finds and declares that the formation of employee-owned businesses and the participation of employees in the management of businesses in this state will promote the stabilization of local economies, anchor business activity, and increase productivity. The Legislature further finds that the encouragement of employee-owned businesses will increase and broaden community investments in this state and encourage new capital formation through employee ownership.
(Added by Stats. 1989, Ch. 429, Sec. 1.)
Terms Used In California Corporations Code 14200
- State: means the State of California, unless applied to the different parts of the United States. See California Education Code 77