California Probate Code 56 – “Person” means an individual, corporation, government or governmental …
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“Person” means an individual, corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership, limited liability company, association, or other entity.
(Amended by Stats. 1994, Ch. 1010, Sec. 202. Effective January 1, 1995.)
Terms Used In California Probate Code 56
- 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.
- Trust: includes the following:
California Probate Code 82