Statute · California Public Resources Code

Cal. Pub. Res. Code § 14510.2 — Definitions

Cal. Pub. Res. Code § 14510.2

Type
Statute
Source
California Public Resources Code
Jurisdiction
California
Date
2023-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

“Dealer cooperative” means a stewardship organization that is exempt from taxation under Section 501(c)(3) of the federal Internal Revenue Code of 1986 and formed for the purpose of providing redemption opportunities pursuant to paragraph (2) of subdivision (a) of Section 14578 and consists of…

Citator

Cal. Pub. Res. Code § 14510.2 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Dealer cooperative” means a stewardship organization that is exempt from taxation under Section 501(c)(3) of the federal Internal Revenue Code of 1986 and formed for the purpose of providing redemption opportunities pursuant to paragraph (2) of subdivision (a) of Section 14578 and consists of dealers that have an approved dealer cooperative redemption plan. A dealer cooperative is voluntary for a dealer to join pursuant to Section 14578.