California Food and Agricultural Code 52256.5 – “Person” also means any individual, partnership, corporation, trust …
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“Person” also means any individual, partnership, corporation, trust association, cooperative association, or any other business unit or organization.
(Amended by Stats. 2014, Ch. 294, Sec. 1. (AB 2470) Effective January 1, 2015.)
Terms Used In California Food and Agricultural Code 52256.5
- 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.