Statute · California Corporations Code
Cal. Corp. Code § 12228.3 — General Provisions and Definitions
Cal. Corp. Code § 12228.3
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2016-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“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.
Citator
Cal. Corp. Code § 12228.3 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“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.