{"code":"CORP","codeName":"Corporations Code","section":"206","citation":"Corp. Code, § 206","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. CORPORATIONS [100. - 14707.]","url":"https://blackletter.si/corporations-code/title-1"},{"name":"DIVISION 1. GENERAL CORPORATION LAW [100. - 2319.]","url":"https://blackletter.si/corporations-code/title-1/division-1"},{"name":"CHAPTER 2. Organization and Bylaws [200. - 213.]","url":"https://blackletter.si/corporations-code/title-1/division-1/chapter-2"}],"history":"Amended by Stats. 1978, Ch. 370.","effective":null,"html":"<p>Subject to any limitation contained in the articles and to compliance with any other applicable laws, any corporation other than a corporation subject to the Banking Law or a professional corporation may engage in any business activity; and a corporation subject to the Banking Law or a professional corporation may engage in any business activity not prohibited by the respective statutes and regulations to which it is subject.</p>","text":"Subject to any limitation contained in the articles and to compliance with any other applicable laws, any corporation other than a corporation subject to the Banking Law or a professional corporation may engage in any business activity; and a corporation subject to the Banking Law or a professional corporation may engage in any business activity not prohibited by the respective statutes and regulations to which it is subject.","otherVersions":[],"url":"https://blackletter.si/corporations-code/organization-and-bylaws-206","source":"California Legislative Information bulk export (pubinfo)"}