California Business and Professions Code 7715 – Any person, partnership, association, corporation, or other form of …
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Any person, partnership, association, corporation, or other form of organization, or any agent or representative thereof, who violates any of the provisions of this chapter is guilty of a misdemeanor.
(Amended by Stats. 1998, Ch. 970, Sec. 83. Effective January 1, 1999.)
Terms Used In California Business and Professions Code 7715
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.