{"code":"CORP","codeName":"Corporations Code","section":"12242.5","citation":"Corp. Code, § 12242.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. CORPORATIONS [100. - 14707.]","url":"https://blackletter.si/corporations-code/title-1"},{"name":"DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES [12000. - 14707.]","url":"https://blackletter.si/corporations-code/title-1/division-3"},{"name":"PART 2. COOPERATIVE CORPORATIONS [12200. - 12704.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2"},{"name":"CHAPTER 1. General Provisions, Organization and Bylaws [12200. - 12340.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2/chapter-1"},{"name":"ARTICLE 2. General Provisions and Definitions [12210. - 12256.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2/chapter-1/article-2"}],"history":"Amended by Stats. 2024, Ch. 361, Sec. 8.   (AB 1862)   Effective January 1, 2025.","effective":"2025-01-01","html":"<p>“Other business entity” means a domestic or foreign limited liability company, limited partnership, general partnership, business trust, real estate investment trust, unincorporated association, or a domestic reciprocal insurer organized after 1974 to provide medical malpractice insurance as set forth in Article 16 (commencing with Section 1550) of Chapter 3 of Part 2 of Division 1 of the Insurance Code. As used herein, “general partnership” means a “partnership” as defined in Section <a href=\"/corp/16101\">16101</a>; “business trust” means a business organization formed as a trust; “real estate investment trust” means a “real estate investment trust” as defined in subsection (a) of Section 856 of the Internal Revenue Code of 1986, as amended; and “unincorporated association” has the meaning set forth in Section <a href=\"/corp/18035\">18035</a>.</p>","text":"“Other business entity” means a domestic or foreign limited liability company, limited partnership, general partnership, business trust, real estate investment trust, unincorporated association, or a domestic reciprocal insurer organized after 1974 to provide medical malpractice insurance as set forth in Article 16 (commencing with Section 1550) of Chapter 3 of Part 2 of Division 1 of the Insurance Code. As used herein, “general partnership” means a “partnership” as defined in Section 16101; “business trust” means a business organization formed as a trust; “real estate investment trust” means a “real estate investment trust” as defined in subsection (a) of Section 856 of the Internal Revenue Code of 1986, as amended; and “unincorporated association” has the meaning set forth in Section 18035.","otherVersions":[],"url":"https://blackletter.si/corporations-code/general-provisions-and-definitions-12242-5","source":"California Legislative Information bulk export (pubinfo)"}