California Financial Code 18479 – “Capital contribution” means the amount each member is required to …
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“Capital contribution” means the amount each member is required to maintain as an investment in the corporation pursuant to Section 18535.
(Added by Stats. 1985, Ch. 142, Sec. 10. Effective July 1, 1985.)
Terms Used In California Financial Code 18479
- 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.