California Health and Safety Code 25110.8 – “Business concern” means any sole proprietorship, corporation, …
Current as of: 2024 | Check for updates
|
Other versions
“Business concern” means any sole proprietorship, corporation, association, firm, partnership, trust, or other form of commercial organization.
(Added by Stats. 1986, Ch. 1304, Sec. 3.)
Terms Used In California Health and Safety Code 25110.8
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.