Statute · California Corporations Code

Cal. Corp. Code § 2604 — Organization and Bylaws

Cal. Corp. Code § 2604

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2015-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Subject to any limitation contained in the articles, to compliance with any other applicable laws, and to consistency with the special purpose of the social purpose corporation, any social purpose corporation other than a social purpose corporation subject to the Banking Law or a professional…

Citator

Cal. Corp. Code § 2604 — Organization and Bylaws is in force in the current edition of the Code, and nothing recorded condemns it.

Subject to any limitation contained in the articles, to compliance with any other applicable laws, and to consistency with the special purpose of the social purpose corporation, any social purpose corporation other than a social purpose corporation subject to the Banking Law or a professional social purpose corporation may engage in any business activity. A social purpose corporation subject to the Banking Law or a professional social purpose corporation may engage in any business activity not prohibited by the respective statutes and regulations to which it is subject.