California Civil Code

§ 817

CIV § 817 Effective Jan 1, 2010Div. 2 · Title 2 · Part 2 · Ch. 5

Statute text

“Limited-equity housing cooperative” or a “workforce housing cooperative trust” means a corporation organized on a cooperative basis that, in addition to complying with Section 817.1 as may be applicable, meets all of the following requirements:

(a)The corporation is any of the following:

(1)Organized as a nonprofit public benefit corporation pursuant to Part 2 (commencing with Section 5110) of Division 2 of Title 1 of the Corporations Code.

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Legislative history

Added by Stats. 2009, Ch. 520, Sec. 2. (AB 1246) Effective January 1, 2010.