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General Corporation Law

California · CORP · §§ 100 to 2319 · 398 sections

Overview

The General Corporation Law supplies the basic statutory framework for corporations, setting out the general provisions and defined terms that govern how its rules apply. Its principal mechanisms concern fundamental changes to a corporation's structure — the sale of corporate assets, merger with or into another entity, and conversion from one form of entity to another — each carried out through the procedures the act prescribes. Together these provisions give corporations a uniform path for combining with other businesses, disposing of their holdings, or changing their legal form.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

In the courts

Sections of this act have been cited in 265 court decisions.

Most-cited authority: 42 Cal. 4th 1100 - Grosset v. Wenaas

Sections covered

Enacted in other states

Maryland

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