Corporations Code section 12540

If an agreement of merger is entered into between a cooperative corporation and one or more business or nonprofit corporations, Section 12531, 12532, 12533, 12535, and 12536 shall apply to any constituent cooperative corporation. Section 8011, 8011.5, 8012, and 8015 shall apply to any constituent mutual benefit corporation. Section 6011, 6012, 6014, and 6015 shall apply to any constituent public benefit corporation. Section 6014 and 6015 and subdivisions (c) and (d) of Section 9640 shall apply to any constituent religious corporation and Section 1101, 1101.1, 1103, and 1104 shall apply to any constituent business corporation.

Source: Section 12540, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=12540.­ (updated Jan. 1, 1984; accessed Oct. 13, 2025).

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Verified:
Oct. 13, 2025

§ 12540's source at ca​.gov