California Corporations Code 2509 – “Social purpose corporation,” unless otherwise expressly provided, …
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“Social purpose corporation,” unless otherwise expressly provided, refers only to a corporation organized under this division.
(Amended by Stats. 2014, Ch. 694, Sec. 25. (SB 1301) Effective January 1, 2015.)
Terms Used In California Corporations Code 2509
- 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.