Pub. Resources Code, § 4732 · Article 7. Protection and Development Corporations
Pub. Resources Code, § 4732
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
All shares of stock issued by the corporation shall have a par value, and, in addition to other requirements prescribed by law, the articles of incorporation shall set forth all of the following:
(a) That one of the purposes for which the corporation is formed is the protection and development of forest and other renewable natural resources.
(b) The par value of all shares of capital stock of the corporation.
(c) All projects for the protection and development of forests or other renewable natural resources undertaken by the corporation shall, at all times, be subject to the supervision and regulation of the state through the board or other appropriate state authority and subject to the provisions of this article.
Notes and commentary — not statutory text
History
Added by Stats. 1965, Ch. 1144.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PRC§ionNum=4732.
- Text hash
- sha256 1659d21c147eabb8704aeecb30cc32e70125181338cae302bbee2a7984737e92
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.