statute | California
Corporations Code - CORP - CORP § 12310.5
Summary
(a) A corporation organized under this part may elect to be governed as a worker cooperative by making the following statement in its articles of incorporation or its amended articles of incorporation: “This corporation is a worker cooperative corporation organized under the Coop
Text
(a) A corporation organized under this part may elect to be governed as a worker cooperative by making the following statement in its articles of incorporation or its amended articles of incorporation: “This corporation is a worker cooperative corporation organized under the Cooperative Corporation Law.” (b) A corporation that makes the election to be governed as a worker cooperative, unless expressly exempted, shall be governed by all the provisions of this part.
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#1 | Corporations Code - CORP - CORP § 12310.5
(a) A corporation organized under this part may elect to be governed as a worker cooperative by making the following statement in its articles of incorporation or its amended articles of incorporation: “This corporation is a worker cooperative corporation organized under the Cooperative Corporation Law.” (b) A cor…