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HomeCorporations CodeCh. 10Art. 1§ 8019 Nonprofit-Business Merger Rules

§ 8019 Nonprofit-Business Merger Rules

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 8019 Nonprofit-Business Merger Rules

Key Takeaways

  • •If a nonprofit and a regular company want to merge, they have to follow special rules.
  • •Different types of nonprofits (like charities, clubs, or churches) have their own set of rules to follow.
  • •The rules make sure everyone agrees to the merge and that things are done fairly.

Example

A local food bank (a nonprofit) wants to merge with a grocery store (a regular company).

They can’t just decide to merge on their own. They have to follow special steps, like getting approval from their members or directors, to make sure everything is fair and legal.

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

Official Source
View on CA.gov

§ 8019 Nonprofit-Business Merger Rules

If an agreement of merger is entered into between a nonprofit corporation and a business corporation: (a) Sections 6011, 6012, 6014, and 6015 shall apply to any constituent public benefit corporation; (b) Sections 8011, 8011.5, 8012, 8014, and 8015 shall apply to any constituent mutual benefit corporation; (c) Sections 6014 and 6015 and subdivisions (c) and (d) of Section 9640 shall apply to any constituent religious corporation; and (d) Sections 1101, 1101.1, 1103, and 1104 shall apply to any constituent business corporation. (Amended by Stats. 1981, Ch. 587, Sec. 44.)

Last verified: January 23, 2026

Key Terms

agreement of mergernonprofit corporationbusiness corporationpublic benefit corporationmutual benefit corporationreligious corporation

Related Statutes

  • § 6019 Nonprofit-Business Merger Rules
  • § 8010 Mutual Benefit Corporation Mergers
  • § 9621 Religious Corporation Status Change
  • § 12535 Merger Agreement Filing Requirements
  • § 12536 Amending Merger Agreements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 8019.
View Official Source