California Corporations Code 5131 – The articles of incorporation may set forth a further statement …
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The articles of incorporation may set forth a further statement limiting the purposes or powers of the corporation.
(Added by Stats. 1978, Ch. 567.)
Terms Used In California Corporations Code 5131
- 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.