ARTICLE 6.6. California Employee Ownership Act

Article 6.6 added by Stats. 2022, Ch. 733, Sec. 1.

§§ 12100.30–12100.33 · 4 sections

• § 12100.30 This article shall be known, and may be cited, as the California Employee Ownership Act.
• § 12100.31 The Legislature finds and declares all of the following: (a) California’s small businesses continue to contend with the pressures of the aging baby boomer…
• § 12100.32 For purposes of this article, the following definitions apply: (a) “Advocate” means the Small Business Advocate. (b) “Broad-based employee ownership vehicle”…
• § 12100.33 (a) Upon appropriation by the Legislature, CalOSBA shall establish the California Employee Ownership Hub, administered by an Employee Ownership Hub Manager,…