California Corporations Code 25013 – “Person” means an individual, a corporation, a partnership, a limited …
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“Person” means an individual, a corporation, a partnership, a limited liability company, a joint venture, an association, a joint stock company, a trust, an unincorporated organization, a government, or a political subdivision of a government.
(Amended by Stats. 1994, Ch. 1200, Sec. 28. Effective September 30, 1994.)
Terms Used In California Corporations Code 25013
- 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.