California Corporations Code

§ 9912

CORP § 9912Div. 2 · Title 1 · Part 5

Statute text

(a)Each corporation which is subject (pursuant to the terms of the prior nonprofit law or some other specific statutory provision) to the prior nonprofit law shall, on and after January 1, 1980, be subject to the new public benefit corporation law, the new mutual benefit corporation law, or the new religious corporation law based on the following:

(1)Any corporation of a type designated by statute as being subject to the new public benefit corporation law, the new mutual benefit corporation law, or the new religious corporation law, shall be subject to such law.

(2)Any corporation organized primarily or exclusively for religious purposes shall be subject to the new religious corporation law.

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Legislative history

Amended by Stats. 1979, Ch. 724.