Statute · California Corporations Code
Cal. Corp. Code § 14200 — EMPLOYEE-OWNED BUSINESSES
Cal. Corp. Code § 14200
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The Legislature finds and declares that the formation of employee-owned businesses and the participation of employees in the management of businesses in this state will promote the stabilization of local economies, anchor business activity, and increase productivity. The Legislature further…
Citator
Cal. Corp. Code § 14200 — EMPLOYEE-OWNED BUSINESSES is in force in the current edition of the Code, and nothing recorded condemns it.
The Legislature finds and declares that the formation of employee-owned businesses and the participation of employees in the management of businesses in this state will promote the stabilization of local economies, anchor business activity, and increase productivity. The Legislature further finds that the encouragement of employee-owned businesses will increase and broaden community investments in this state and encourage new capital formation through employee ownership.