California Corporations Code 2316 – A foreign association which has transacted intrastate business in …
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A foreign association which has transacted intrastate business in this state prior to the effective date and which is required by Section 2105 of the new law to obtain a certificate of qualification from the Secretary of State shall not be subject to any direct or indirect penalty as a result of failure to obtain such certificate of qualification if the certificate of qualification is obtained no later than four months after the effective date.
(Added by Stats. 1975, Ch. 682.)
Terms Used In California Corporations Code 2316
- effective date: means January 1, 1977. See California Corporations Code 2300
- new law: means this division of the Corporations Code as amended by act of the California Legislature, 1975-76 Regular Session, effective January 1, 1977, and as in effect on that date. See California Corporations Code 2300
- State: means the State of California, unless applied to the different parts of the United States. See California Education Code 77