§ 17009
54 words·~1 min read·
/ca/revenue-and-taxation-code/17009A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Corporation” includes joint stock companies or associations (including nonprofit associations that perform services, borrow money or own property, and business trusts or other business entities taxable as a corporation under regulations of the Franchise Tax Board) and insurance companies. “Corporation” also includes a trust organized and operated exclusively for purposes contained in Section 23701d.