§ 12530 Corporate Merger Attorney General Approval

Corporations Code·California

AI SummaryVerified

This law says that companies can join together, but if one of them is a nonprofit that helps the public or is religious, they need the Attorney General's permission first.

Key Takeaways

•Companies can merge with each other.
•If one company is a nonprofit that helps people or is religious, they need special permission.
•The permission must be in writing from the Attorney General.

Example

A big toy company wants to merge with a charity that helps kids.

Before they can join together, they have to get a written okay from the Attorney General.

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

Official Source

View on CA.gov

§ 12530 Corporate Merger Attorney General Approval

Except as provided in Section 12530.5, any corporation may merge with another domestic corporation, foreign corporation, or other business entity. However, a merger with a nonprofit public benefit corporation or a nonprofit religious corporation must have the prior written consent of the Attorney General. (Amended by Stats. 2015, Ch. 192, Sec. 22. (AB 816) Effective January 1, 2016.)

Last verified: January 10, 2026

Key Terms

nonprofit public benefit corporation nonprofit religious corporation prior written consent Attorney General

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 12530.

Key Takeaways

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Related Statutes

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Key Takeaways

Example

Key Terms

Related Statutes

References