Except as provided in Section 12530.5, any corporation may merge with another domestic corporation, foreign corporation, or other business entity. However, a merger with a nonprofit public benefit corporation or a nonprofit religious corporation must have the prior written consent of the Attorney General.
Cal. Corp. Code § 12530
Merger
Known as the Cooperative Corporation Law
The act spans §§ 12200–12704 (266 sections).
Amended by Stats. 2015, Ch. 192, Sec. 22
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.