Corporations Code section 206

Subject to any limitation contained in the articles and to compliance with any other applicable laws, any corporation other than a corporation subject to the Banking Law or a professional corporation may engage in any business activity; and a corporation subject to the Banking Law or a professional corporation may engage in any business activity not prohibited by the respective statutes and regulations to which it is subject.

Source: Section 206, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=206. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 206’s source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_206

Original Source: Section 206, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=206. (last accessed Apr. 24, 2025).