§ 94821
65 words·~1 min read·
/ca/education-code/94821A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Change in business organization form” means a change of a business organization’s original form, including, for example, a situation in which a sole proprietorship becomes a partnership or corporation, or when a business organization becomes a nonprofit public benefit corporation or forms a nonprofit public benefit corporation as a subsidiary to provide the educational programs for which the business organization has an approval to operate.