California Corporations Code 1150 – For purposes of this chapter, the following definitions shall …
For purposes of this chapter, the following definitions shall apply:
(a) “Converted corporation” means a corporation that results from a conversion of a domestic other business entity, foreign other business entity, or foreign corporation pursuant to Section 1157.
Terms Used In California Corporations Code 1150
- 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.
(b) “Converted entity” means a domestic other business entity, foreign other business entity, or foreign corporation that results from a conversion of a corporation under this chapter.
(c) “Converting corporation” means a corporation that converts into a domestic other business entity, foreign other business entity, or foreign corporation pursuant to this chapter.
(d) “Converting entity” means a domestic other business entity, foreign other business entity, or foreign corporation that converts into a corporation pursuant to Section 1157.
(e) “Domestic other business entity” has the meaning provided in Section 167.7.
(f) “Foreign corporation” has the meaning provided in Section 171.
(g) “Foreign other business entity” has the meaning provided in Section 171.07.
(h) “Other business entity” has the meaning provided in Section 174.5.
(Amended by Stats. 2022, Ch. 237, Sec. 1. (SB 49) Effective January 1, 2023.)