California § 54040 - The General Corporation Law (Division 1 (commencing with Section 100) of Title 1
Full text of California Public Contract Code - PCC § 54040 — The General Corporation Law (Division 1 (commencing with Section 100) of Title 1, with citation guidance and answers to common questions.
§ 54040. The General Corporation Law (Division 1 (commencing with Section 100) of Title 1
The General Corporation Law (Division 1 (commencing with Section 100) of Title 1 of the Corporations Code) as added by Chapter 682 of the Statutes of 1975 and as heretofore or hereinafter amended and all powers and rights under such law applies to each association which is organized pursuant to this chapter, except where such provisions are in conflict with or inconsistent with the express provisions of this chapter. For the purpose of associations organized without shares of stock, the members shall be deemed to be âshareholdersâ as the term is used in the General Corporation Law.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 54040
What does Public Contract Code - PCC § 54040 cover?
Section 54040 ("The General Corporation Law (Division 1 (commencing with Section 100) of Title 1") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 54040?
A common citation format is "Public Contract Code - PCC § 54040" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 54040 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.