TITLE 1. CORPORATIONS 100-14631›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14631›PART 2. COOPERATIVE CORPORATIONS 12200-12704›CHAPTER 1. General Provisions, Organization and Bylaws 12200-12340›ARTICLE 2. General Provisions and Definitions 12210-12256

§ 12228.3

California Corporations Code · 2018-11 edition · updated 2026-10-04 · California

“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.

(Added by Stats. 2015, Ch. 192, Sec. 5. (AB 816) Effective January 1, 2016.)

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California Corporations Code

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