California Government Code 7920.520 – As used in this division, “person” includes any natural person, …
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As used in this division, “person” includes any natural person, corporation, partnership, limited liability company, firm, or association.
(Added by Stats. 2021, Ch. 614, Sec. 2. (AB 473) Effective January 1, 2022. Operative January 1, 2023, pursuant to Sec. 7931.000.)
Terms Used In California Government Code 7920.520
- 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.
- person: includes any natural person, corporation, partnership, limited liability company, firm, or association. See California Government Code 7920.520