Education Code section 94821

“Change in business organization form” means a change of a business organization’s original form, including, for example, a situation in which a sole proprietorship becomes a partnership or corporation, or when a business organization becomes a nonprofit public benefit corporation or forms a nonprofit public benefit corporation as a subsidiary to provide the educational programs for which the business organization has an approval to operate.

Source: Section 94821, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=EDC§ionNum=94821.­ (updated Jan. 1, 2010; accessed Jun. 25, 2025).

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Verified:
Jun. 30, 2025

§ 94821's source at ca​.gov