Section 94821 Of Article 3. Definitions From California Education Code >> Division 10. >> Title 3. >> Part 59. >> Chapter 8. >> Article 3.
94821
. "Change in business organization form" means a change of a
business organization's original form, including, for example, a
situation in which a sole proprietorship becomes a partnership or
corporation, or when a business organization becomes a nonprofit
public benefit corporation or forms a nonprofit public benefit
corporation as a subsidiary to provide the educational programs for
which the business organization has an approval to operate.