Corporations Code section 12310.5

(a)

A corporation organized under this part may elect to be governed as a worker cooperative by making the following statement in its articles of incorporation or its amended articles of incorporation:
“This corporation is a worker cooperative corporation organized under the Cooperative Corporation Law.”

(b)

A corporation that makes the election to be governed as a worker cooperative, unless expressly exempted, shall be governed by all the provisions of this part.

Source: Section 12310.5, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=12310.­5.­ (accessed May 13, 2025).

Last Updated

May 12, 2025

§ 12310.5’s source at ca​.gov