California Corporations Code on Joint Stock Associations natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
Part 3 of Title 3 of the California Corporations Code is comprised of four statutes governing "joint stock associations". Oddly, the Corporations Code makes no attempt to define the.
For the purposes of this part every director of a joint stock association is deemed to possess such knowledge of the affairs of his association as to enable him to determine whether.
what is a joint stock association, a group of individuals organized into an association similar to a partnership, but, unlike a partnership, having stock divided into shares transferable by the owner. Partners, might associate themselves in a joint stock company with transferable shares