Statute · California Corporations Code

Cal. Corp. Code § 14631 — Transparency

Cal. Corp. Code § 14631

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

All certificates representing shares of a benefit corporation shall contain, in addition to any other statements required by the General Corporation Law (Division 1 (commencing with Section 100)), the following conspicuous language on the face of the certificate:

Citator

Cal. Corp. Code § 14631 — Transparency is in force in the current edition of the Code, and nothing recorded condemns it.

All certificates representing shares of a benefit corporation shall contain, in addition to any other statements required by the General Corporation Law (Division 1 (commencing with Section 100)), the following conspicuous language on the face of the certificate:

“This entity is a benefit corporation organized under Part 13 (commencing with Section 14600) of Division 3 of Title 1 of the California Corporations Code.”