§ 14610 (a) A benefit corporation shall have the purpose of creating …

Terms Used In California Codes > Corporations Code > Title 1 > Division 3 > Part 13 > Chapter 2 - Corporate Purposes

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Benefit corporation: means a corporation organized under the General Corporation Law that has elected to become subject to this part and whose status as a benefit corporation has not been terminated as provided in this part. See California Corporations Code 14601
  • board: means the California Department of Tax and Fee Administration. See California Revenue and Taxation Code 20
  • General public benefit: means a material positive impact on society and the environment, taken as a whole, as assessed against a third-party standard, from the business and operations of a benefit corporation. See California Corporations Code 14601
  • Minimum status vote: means that:

    California Corporations Code 14601

  • newspaper: means a newspaper of general circulation. See California Revenue and Taxation Code 36.5
  • Person: includes any person, firm, partnership, general partner of a partnership, limited liability company, registered limited liability partnership, foreign limited liability partnership, association, corporation, company, syndicate, estate, trust, business trust, or organization of any kind. See California Revenue and Taxation Code 19
  • Specific public benefit: includes all of the following:

    California Corporations Code 14601

  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.