California Statutes

§ 28037. — 28037. (Added by Stats. 1998, Ch. 668, Sec. 3.)

California § 28037.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.3.
Title 4.DIVISION 3. CAPITAL ACCESS COMPANIES
Ch. 1.CHAPTER 1. General Provisions
Art. 2.ARTICLE 2. Definitions

This text of California § 28037. (28037. (Added by Stats. 1998, Ch. 668, Sec. 3.)) 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 § 28037. (2026).

Text

“Insolvent,” when used with respect to any person, means a person who has ceased to pay his or her debts in the ordinary course of business, who cannot pay his or her debts as they become due, or whose liabilities exceed his or her assets.

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Legislative History

Added by Stats. 1998, Ch. 668, Sec. 3. Effective January 1, 1999. Operative July 1, 1999, by Sec. 4 of Ch. 668.
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Bluebook (online)
California § 28037., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/28037..