California Statutes
§ 28047.1. — 28047.1. (Added by Stats. 2010, Ch. 516, Sec. 3.)
California § 28047.1.
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 § 28047.1. (28047.1. (Added by Stats. 2010, Ch. 516, 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 § 28047.1. (2026).
Text
“Smaller business firm” means a person that proposes to transact, or transacts, business on a regular and continuous basis in California and, together with its affiliates, has a net worth of not more than six million dollars ($6,000,000), and average net income after federal income taxes, excluding any carryover losses, for the preceding two years no greater than two million dollars ($2,000,000).
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Legislative History
Added by Stats. 2010, Ch. 516, Sec. 3. (SB 1155) Effective January 1, 2011.
Nearby Sections
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Bluebook (online)
California § 28047.1., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/28047.1..