§ 2600 Social Purpose Corporation Formation

Corporations Code·California

AI SummaryVerified

Key Takeaways

•A group of people or companies can create a special kind of company called a 'social purpose corporation' by filling out and submitting some papers.
•If the papers list the first leaders (directors) of the company, those leaders must sign the papers. If not, the people starting the company must sign them.
•Once the papers are filed, the company exists forever unless the law or the papers say otherwise.

Example

A group of friends wants to start a company that sells shoes and also helps the environment.

They can create a social purpose corporation by filling out some papers and signing them. Once they file these papers with the government, their company officially exists and will keep existing unless they decide to close it or break the law.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 2600 Social Purpose Corporation Formation

(a) One or more natural persons, partnerships, associations, social purpose corporations, or corporations, domestic or foreign, may form a social purpose corporation under this division by executing and filing articles of incorporation. (b) If initial directors are named in the articles, each director named in the articles shall sign and acknowledge the articles. If initial directors are not named in the articles, the articles shall be signed by one or more incorporators who shall be persons described in subdivision (a). (c) The corporate existence begins upon the filing of the articles and continues perpetually, unless otherwise expressly provided by law or in the articles. (Amended by Stats. 2014, Ch. 694, Sec. 35. (SB 1301) Effective January 1, 2015.)

Last verified: January 23, 2026

Key Terms

social purpose corporation articles of incorporation initial directors incorporators corporate existence

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 2600.

§ 2600 Social Purpose Corporation Formation

Corporations Code·California

AI SummaryVerified

§ 2600 Social Purpose Corporation Formation

Key Takeaways

•A group of people or companies can create a special kind of company called a 'social purpose corporation' by filling out and submitting some papers.
•If the papers list the first leaders (directors) of the company, those leaders must sign the papers. If not, the people starting the company must sign them.
•Once the papers are filed, the company exists forever unless the law or the papers say otherwise.

Example

A group of friends wants to start a company that sells shoes and also helps the environment.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 2600 Social Purpose Corporation Formation

Last verified: January 23, 2026

Key Terms

social purpose corporation articles of incorporation initial directors incorporators corporate existence

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 2600.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References