{"code":"CORP","codeName":"Corporations Code","section":"12310.5","citation":"Corp. Code, § 12310.5","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 4. Articles of Incorporation [12310. - 12317.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2/chapter-1/article-4"}],"history":"Added by Stats. 2015, Ch. 192, Sec. 12.   (AB 816)   Effective January 1, 2016.","effective":"2016-01-01","html":"<p>(a) A corporation organized under this part may elect to be governed as a worker cooperative by making the following statement in its articles of incorporation or its amended articles of incorporation:</p><p>“This corporation is a worker cooperative corporation organized under the Cooperative Corporation Law.”</p><p>(b) A corporation that makes the election to be governed as a worker cooperative, unless expressly exempted, shall be governed by all the provisions of this part.</p>","text":"(a) A corporation organized under this part may elect to be governed as a worker cooperative by making the following statement in its articles of incorporation or its amended articles of incorporation: “This corporation is a worker cooperative corporation organized under the Cooperative Corporation Law.” (b) A corporation that makes the election to be governed as a worker cooperative, unless expressly exempted, shall be governed by all the provisions of this part.","otherVersions":[],"url":"https://blackletter.si/corporations-code/articles-of-incorporation-12310-5","source":"California Legislative Information bulk export (pubinfo)"}