California Corporations Code

§ 12228.3

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

CORP § 12228.3 Effective Jan 1, 2016Div. 3 · Title 1 · Part 2 · Ch. 1 · Art. 2

Statute text

View on leginfo.ca.gov

“Capital account cooperative” is a worker cooperative in which the entire net book value is reflected in member capital accounts, one for each member, and an unallocated capital account, if any.

Legislative history

Added by Stats. 2015, Ch. 192, Sec. 5. (AB 816) Effective January 1, 2016.