California Statutes

§ 12530.5. — 12530.5. (Added by Stats. 2015, Ch. 192, Sec. 23.)

California § 12530.5.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.3.
Title 1.DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES
Part 2.PART 2. COOPERATIVE CORPORATIONS
Ch. 10.CHAPTER 10. Mergers
Art. 1.ARTICLE 1. Merger

This text of California § 12530.5. (12530.5. (Added by Stats. 2015, Ch. 192, Sec. 23.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Corporations Code - CORP Code § 12530.5. (2026).

Text

Notwithstanding Section 12530, a worker cooperative that has not revoked its election to be governed as a worker cooperative under Section 12310.5 shall not consolidate or merge with another corporation other than another worker cooperative. Two or more worker cooperatives may merge or consolidate in a manner consistent with this chapter.

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Legislative History

Added by Stats. 2015, Ch. 192, Sec. 23. (AB 816) Effective January 1, 2016.

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California § 12530.5., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/12530.5..