“Surviving social purpose corporation” means a social purpose corporation into which one or more other corporations or one or more other business entities is merged.

(Amended by Stats. 2014, Ch. 694, Sec. 34. (SB 1301) Effective January 1, 2015.)

Terms Used In California Corporations Code 2517

  • 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.