TITLE 1. CORPORATIONS 100-14631›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14631›PART 2. COOPERATIVE CORPORATIONS 12200-12704›CHAPTER 10. Mergers 12530-12552›ARTICLE 1. Merger 12530-12540.1

§ 12530.5

California Corporations Code · 2020-11 edition · updated 2026-10-04 · California

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.

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

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California Corporations Code

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