California Financial Code 31950 – In this chapter:(a) “Member” has the meaning set forth in the …
Current as of: 2024 | Check for updates
|
Other versions
In this chapter:
(a) “Member” has the meaning set forth in the old law.
Terms Used In California Financial Code 31950
- 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.
(b) “Old corporation” means a corporation organized under the old law.
(c) “Old law” means Part 6 (commencing with Section 14200), Division 3, Title 1 of the Corporations Code, as added by Chapter 985 of the Statutes of 1975.
(Added by Stats. 1977, Ch. 1164.)