Nonprofit Mutual Benefit Corp. Law › CHAPTER 11. Bankruptcy Reorganizations and Arrangements [8110- 8110.]

(Amended by Stats. 2009, Ch. 500, Sec. 21. (AB 1059) Effective January 1, 2010.)
Text current as of August 17, 2026, per California Legislative Information.

Any proceeding, initiated with respect to a corporation, under any applicable statute of the United States, as now existing or hereafter enacted, relating to reorganizations of corporations, shall be governed by the provisions of Chapter 14 (commencing with Section 1400) of Division 1 of Title 1, and for this purpose the reference in Chapter 14 to “shareholders” shall be deemed to be a reference to members and the reference to “this division” shall be deemed to be a reference to this part.

The text of the Nonprofit Mutual Benefit Corporation Law is provided for reference and convenience only, from the California Legislative Information website (leginfo.legislature.ca.gov). It is not legal advice, and the official version of California statutes is published by the state. Statutes may have been amended after the “current as of” date shown above. Consult counsel regarding the application of any statute to your association.