California Penal Code 27830 – Section 27555 does not apply where the transferor and the transferee …
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Section 27555 does not apply where the transferor and the transferee are the same person or corporation.
(Added by Stats. 2010, Ch. 711, Sec. 6. (SB 1080) Effective January 1, 2011. Operative January 1, 2012, by Sec. 10 of Ch. 711.)
Terms Used In California Penal Code 27830
- 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.
- person: includes a corporation as well as a natural person. See California Penal Code 7