Statute · California Corporations Code
Cal. Corp. Code § 12310.5 — Articles of Incorporation
Cal. Corp. Code § 12310.5
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2016-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(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:
Citator
Cal. Corp. Code § 12310.5 — Articles of Incorporation is in force in the current edition of the Code, and nothing recorded condemns it.
(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.