Corporations Code section 5059

“Nonprofit mutual benefit corporation” or “mutual benefit corporation” means a corporation which is organized under Part 3 (commencing with Section 7110), or subject to Part 3 under the provisions of subdivision (a) of Section 5003.

Source: Section 5059, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=5059. (updated Jan. 1, 1979; accessed Jun. 18, 2026).

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Verified:
Jun. 18, 2026

§ 5059's source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_5059

Original Source: Section 5059, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=5059. (last accessed May 12, 2025).