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Corporations Code - CORP - CORP § 12228
Corporations Code - CORP - CORP § 12228
“Business corporation” means a corporation as defined in Section 162 of the General Corporation Law.
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Corporations Code - CORP - CORP § 12228.3
Corporations Code - CORP - CORP § 12228.3
“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.
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Corporations Code - CORP - CORP § 12228.5
Corporations Code - CORP - CORP § 12228.5
For the purposes of this part, all references to “chairperson of the board,” other than in Section 12353, shall be deemed to refer to all permissible titles for a chair of the board, as permitted by Section 12353.
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Corporations Code - CORP - CORP § 12229
Corporations Code - CORP - CORP § 12229
“Chapter” refers to a chapter of this part unless otherwise expressly stated.
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Corporations Code - CORP - CORP § 12230
Corporations Code - CORP - CORP § 12230
“Class” refers to those memberships which: (a) are identified in the articles or bylaws as being a different type of membership; or (b) have the same rights with respect to voting, dissolution, redemption, distributions and transfer. For the purpose of this section, rights shall
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Corporations Code - CORP - CORP § 12230.5
Corporations Code - CORP - CORP § 12230.5
“Collective board worker cooperative” means a worker cooperative in which there is only one class of members consisting of worker-members, all of whom are members of the board.
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Corporations Code - CORP - CORP § 12231
Corporations Code - CORP - CORP § 12231
“Constituent corporation” means a corporation which is merged with one or more other corporations and includes the surviving corporation.
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Corporations Code - CORP - CORP § 12232
Corporations Code - CORP - CORP § 12232
“Corporation” as used in this part means a corporation which is organized under, or subject to this part, including a central organization.
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Corporations Code - CORP - CORP § 12233
Corporations Code - CORP - CORP § 12233
“Directors” means natural persons, designated in the articles or bylaws or elected by the incorporators, and their successors and natural persons designated, elected, or appointed by any other name or title to act as members of the governing body of the corporation. “Directors” a
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Corporations Code - CORP - CORP § 12234
Corporations Code - CORP - CORP § 12234
“Disappearing corporation” means a constituent corporation which is not the surviving corporation.
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Corporations Code - CORP - CORP § 12235
Corporations Code - CORP - CORP § 12235
“Distribution” means the distribution of any gains, profits or dividends to any member as such, but does not include patronage distributions.
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Corporations Code - CORP - CORP § 12236
Corporations Code - CORP - CORP § 12236
“Domestic corporation” means a corporation formed under the laws of this state.
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Corporations Code - CORP - CORP § 12237
Corporations Code - CORP - CORP § 12237
“Foreign corporation” means a foreign corporation as defined in Section 171.
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Corporations Code - CORP - CORP § 12238
Corporations Code - CORP - CORP § 12238
(a) “Member” means any person who, pursuant to a specific provision of a corporation’s articles or bylaws, has the right to vote for the election of a director or directors, or possesses proprietary interests in the corporation. (b) The articles or bylaws may confer some or all o
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Corporations Code - CORP - CORP § 12239
Corporations Code - CORP - CORP § 12239
A “membership” refers to the rights a member has pursuant to a corporation’s articles, bylaws and this part.
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Corporations Code - CORP - CORP § 12240
Corporations Code - CORP - CORP § 12240
“Membership certificate,” as used in this part, means a document evidencing a proprietary interest in a corporation.
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Corporations Code - CORP - CORP § 12241
Corporations Code - CORP - CORP § 12241
“Officers’ certificate” means a certificate signed and verified by the chair of the board, the president, or any vice president, and by the secretary, the chief financial officer, the treasurer, or any assistant secretary or assistant treasurer.
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Corporations Code - CORP - CORP § 12242
Corporations Code - CORP - CORP § 12242
“On the certificate,” as used in this part means that a statement appears on the face of a certificate or on the reverse thereof with a reference thereto on the face.
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Corporations Code - CORP - CORP § 12242.5
Corporations Code - CORP - CORP § 12242.5
“Other business entity” means a domestic or foreign limited liability company, limited partnership, general partnership, business trust, real estate investment trust, unincorporated association, or a domestic reciprocal insurer organized after 1974 to provide medical malpractice
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Corporations Code - CORP - CORP § 12242.6
Corporations Code - CORP - CORP § 12242.6
“Parent party” means the corporation in control of any constituent domestic or foreign corporation or other business entity and whose equity securities are issued, transferred, or exchanged in a merger pursuant to Section 12540.1.
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Corporations Code - CORP - CORP § 12243
Corporations Code - CORP - CORP § 12243
(a) (1) If the corporation is organized to provide goods or services to its members, the corporation’s “patrons” are those who purchase those types of goods from, or use those types of services of, the corporation. If the corporation is organized to market, process, or otherwise
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Corporations Code - CORP - CORP § 12244
Corporations Code - CORP - CORP § 12244
“Patronage distribution” means any transfer made to a patron of the corporation the amount of which is computed with reference to the patron’s patronage of the corporation.
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Corporations Code - CORP - CORP § 12245
Corporations Code - CORP - CORP § 12245
“Person,” unless otherwise expressly provided, includes any association, company, domestic or foreign corporation, corporation sole, estate, individual, joint stock company, joint venture, partnership, domestic or foreign limited liability company, government or political subdivi
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Corporations Code - CORP - CORP § 12245.2
Corporations Code - CORP - CORP § 12245.2
“Preferred memberships” means memberships that have a preference over any other memberships with respect to distribution of assets on liquidation or with respect to payment of distributions.
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Corporations Code - CORP - CORP § 12246
Corporations Code - CORP - CORP § 12246
“Proper county” means the county where the corporation’s principal office in this state is located or, if the corporation has no such office, the County of Sacramento.