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Code · California · Corporations Code

§ 12530.5

51 words·~1 min read·/ca/corporations-code/12530-5

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Notwithstanding Section 12530, a worker cooperative that has not revoked its election to be governed as a worker cooperative under Section 12310.5 shall not consolidate or merge with another corporation other than another worker cooperative. Two or more worker cooperatives may merge or consolidate in a manner consistent with this chapter.
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