§ 18630
28 words·~1 min read·
/ca/business-and-professions-code/18630A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Proprietary interest” means any membership, coownership, stock ownership, legal or beneficial interest, profit-sharing arrangement, or other proprietary interest, designated arranged or held, directly or indirectly in any form.