§ 52560 (a) In order to achieve the objectives and carry out the …
§ 52561 (a) The corporation may arrange for the formation, as separate …

Terms Used In California Codes > Health and Safety Code > Division 31 > Part 6.2 > Chapter 4 - Purposes and Powers of the Corporation

  • Instrument: means a will, a document establishing or modifying a trust, a deed, or any other writing that designates a beneficiary or makes a donative transfer of property. See California Probate Code 45
  • 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.
  • State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23