{"code":"CORP","codeName":"Corporations Code","section":"12530.5","citation":"Corp. Code, § 12530.5","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 10. Mergers [12530. - 12552.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2/chapter-10"},{"name":"ARTICLE 1. Merger [12530. - 12540.1.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2/chapter-10/article-1"}],"history":"Added by Stats. 2015, Ch. 192, Sec. 23.   (AB 816)   Effective January 1, 2016.","effective":"2016-01-01","html":"<p>Notwithstanding Section <a href=\"/corp/12530\">12530</a>, a worker cooperative that has not revoked its election to be governed as a worker cooperative under Section <a href=\"/corp/12310.5\">12310.5</a> 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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/corporations-code/merger-12530-5","source":"California Legislative Information bulk export (pubinfo)"}