Corporations Code (California)

The California Corporations Code is a set of laws that govern how businesses and corporations operate in California. It outlines the rules for forming, managing, and dissolving corporations, ensuring they operate legally and fairly. The code covers topics like shareholder rights, director responsibilities, mergers, and financial reporting. It aims to protect shareholders, creditors, and the public by promoting transparency and accountability in business activities. Essentially, it provides a legal framework that helps businesses function properly within California's jurisdiction.