California Statutes
§ 12228.3. — 12228.3. (Added by Stats. 2015, Ch. 192, Sec. 5.)
California·Code CORP Corporations Code - CORP·Div. 3.·Title 1. DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES·Part 2. PART 2. COOPERATIVE CORPORATIONS·Ch. 1. CHAPTER 1. General Provisions, Organization and Bylaws·Art. 2. ARTICLE 2. General Provisions and Definitions
“Capital account cooperative” is a worker cooperative in which the entire net book value is reflected in member capital accounts, one for each member, and an unallocated capital account, if any.
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California § 12228.3. (12228.3. (Added by Stats. 2015, Ch. 192, Sec. 5.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2015, Ch. 192, Sec. 5. (AB 816) Effective January 1, 2016.