California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 1. CORPORATIONS |
Division 1.5. CORPORATE FLEXIBILITY ACT OF 2011 |
Chapter 1. General Provisions and Definitions |
Section 2516.
Latest version.
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"Special purpose objectives" means those objectives set forth by management and the directors of a flexible purpose corporation for purposes of measuring the impact of the flexible purpose corporation's efforts relating to its special purpose in accordance with Section 3500.
(Added by Stats. 2011, Ch. 740, Sec. 12. Effective January 1, 2012.)