“Disappearing corporation” means a constituent corporation which is not the surviving corporation.

(Added by Stats. 1978, Ch. 567.)

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Terms Used In California Corporations Code 5048

  • 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.
  • Corporation: as used in this part and Part 5 (commencing with Section 9910), refers to corporations defined in subdivisions (b), (c), and (d). See California Corporations Code 5046