Corporations Code – California Globe

Relations of LLC Members and Managers

February 24, 2026 2:30 amFebruary 24, 2026 2:31 am

Corporations Code Title 2.6, Article 3 deals with relations of members and managers to persons dealing with a limited liability company in California. Section 17703.01 provides, unless the articles of organization indicate the limited liability company is a manager-managed LLC,...

Mergers of Unincorporated Associations

February 21, 2026 2:00 pmFebruary 21, 2026 2:01 pm

Corporations Code Title 3, Part 1, Chapter 6, Article 5 deals with mergers of unincorporated associations in this state. Section 18350 defines the following terms: “constituent entity,” “disappearing entity,” and “surviving entity.” Section 18360 allows an unincorporated association to merge...

Insignia of Nonprofit Associations

February 19, 2026 2:00 pmFebruary 19, 2026 2:01 pm

Corporations Code Title 3, Part 2, Chapter 4 deals with insignia for nonprofit associations in this state. Section 21300 defines the term “association” and “insignia.” Section 21301 provides that any association, the principles and activities of which are not repugnant...

Liability of Nonprofit Associations

February 12, 2026 2:30 amFebruary 12, 2026 2:31 am

Corporations Code Title 3, Part 2, Chapter 1 deals with liability of nonprofit associations in California. Section 18605 prohibits a member, director, or agent of a nonprofit association from being held liable for a debt, obligation, or liability of the...

REITs in California

February 11, 2026 8:56 pmFebruary 11, 2026 8:59 pm

Title 3, Part 4 of the Corporations Code deals with real estate investment trusts (REITs) in this state. Section 2300 defines the term “real estate investment trust.” Section 23001 prohibits any shareowner of a real estate investment trust from being...

Franchise Investment Law

February 10, 2026 2:30 amFebruary 10, 2026 2:31 am

Title 4, Division 5 of the Corporations Code deals with the Franchise Investment Law in California. Part 6 contains general provisions. Section 31510 provides that the commissioner in his discretion may honor requests from interested persons for interpretive opinions. Section...

Corporate Securities Law of 1968

February 8, 2026 2:00 pmFebruary 8, 2026 2:01 pm

Title 4, Division 1, Part 8 of the Corporations Code provides general provisions for the California Corporate Securities Law of 1968. Section 25700 provides that no provision of this law imposing any liability applies to any act done or omitted...