California Corporations Code 3300 – For purposes of this chapter, the following definitions shall …
For purposes of this chapter, the following definitions shall apply:
(a) “Converted social purpose corporation” means a social purpose corporation that results from a conversion of an other business entity or a foreign other business entity or a foreign corporation pursuant to Section 3307.
Terms Used In California Corporations Code 3300
- 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.
(b) “Converted entity” means a domestic other business entity that results from a conversion of a social purpose corporation under this chapter.
(c) “Converting social purpose corporation” means a social purpose corporation that converts into a domestic other business entity pursuant to this chapter.
(d) “Converting entity” means an other business entity or a foreign other business entity or foreign corporation that converts into a social purpose corporation pursuant to Section 3307.
(e) “Domestic other business entity” has the meaning provided in Section 167.7.
(f) “Foreign other business entity” has the meaning provided in Section 171.07.
(g) “Other business entity” has the meaning provided in Section 174.5.
(Amended by Stats. 2014, Ch. 694, Sec. 55. (SB 1301) Effective January 1, 2015.)