California Financial Code 31036 – “California corporation” means:(a) Any corporation organized …
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“California corporation” means:
(a) Any corporation organized under the General Corporation Law (Division 1 (commencing with Section 100), Title 1 of the Corporations Code) or any predecessor statute; provided, however, that “California corporation” does not include any corporation which is a close corporation, as defined in § 158 of the Corporations Code; or
Terms Used In California Financial Code 31036
- 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.
- Statute: A law passed by a legislature.
(b) Any corporation organized under Part 6 (commencing with Section 14200), Division 3, Title 1 of the Corporations Code, as added by Chapter 985 of the Statutes of 1975; or
(c) Any California nonprofit corporation.
(Added by Stats. 1977, Ch. 1164.)