California Corporations Code 2516 – “Special purpose objectives” means those objectives set forth by …
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“Special purpose objectives” means those objectives set forth by management and the directors of a social purpose corporation for purposes of measuring the impact of the social purpose corporation’s efforts relating to its special purpose in accordance with Section 3500.
(Amended by Stats. 2014, Ch. 694, Sec. 33. (SB 1301) Effective January 1, 2015.)
Terms Used In California Corporations Code 2516
- 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.