BlackletterCalifornia law

Corporations Code § 12310.5

ARTICLE 4. Articles of Incorporation

Current as of September 28, 2026Corp. Code, § 12310.5Official source ↗

Added by Stats. 2015, Ch. 192, Sec. 12. (AB 816) Effective January 1, 2016.

(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.