Cal. Corp. Code § 12228.3

Current through the 2023 Legislative Session.

Section 12228.3 - "Capital account cooperative"

"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.

Ca. Corp. Code § 12228.3

Added by Stats 2015 ch 192 (AB 816),s 5, eff. 1/1/2016.