§ 101880 Private Corporation Exemption
This law says that companies covered by it stay private and don't have to follow government or education rules, and no one can create a new corporation using this law.
A city wants to start a company to run its parking meters.
Because of this law, the city cannot set up that company under these rules, and the company would still be treated as a private business, not a government agency.
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§ 101880 Private Corporation Exemption
Last verified: January 11, 2026