California · Corporations Code

CORP §2503.1: “Close social purpose corporation” means a social purpose corporation that is also a close corporation.

What this law says, in plain English

A close social purpose corporation is a type of business entity that combines the characteristics of both a social purpose corporation and a close corporation.

Read the full statutory text
“Close social purpose corporation” means a social purpose corporation that is also a close corporation.

Verify at the official source: California legislative text

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.