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California Corporations Code

§ 14200

CORP § 14200Div. 3 · Title 1 · Part 6

Statute text

View on leginfo.ca.gov
The Legislature finds and declares that the formation of employee-owned businesses and the participation of employees in the management of businesses in this state will promote the stabilization of local economies, anchor business activity, and increase productivity. The Legislature further finds that the encouragement of employee-owned businesses will increase and broaden community investments in this state and encourage new capital formation through employee ownership.

Legislative history

Added by Stats. 1989, Ch. 429, Sec. 1.

Source: California Corporations Code § 14200 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.