California Corporations Code 171.08 – “Social purpose corporation” means any social purpose corporation …
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“Social purpose corporation” means any social purpose corporation formed under Division 1.5 (commencing with Section 2500).
(Amended by Stats. 2014, Ch. 694, Sec. 3. (SB 1301) Effective January 1, 2015.)
Terms Used In California Corporations Code 171.08
- 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.