“Special purpose objectives” means those objectives set forth by management and the directors of a social purpose corporation for purposes of measuring the impact of the social purpose corporation’s efforts relating to its special purpose in accordance with Section 3500.
Cal. Corp. Code § 2516
General Provisions and Definitions
Known as the Social Purpose Corporations Act
The act spans §§ 2500–3503 (60 sections).
Amended by Stats. 2014, Ch. 694, Sec. 33
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.