California Government Code 40502 – Such authority, when created, shall constitute a public corporation.
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Such authority, when created, shall constitute a public corporation.
(Added by Stats. 1963, Ch. 1227.)
Terms Used In California Government Code 40502
- 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.