Article 11. Reorganization Of Corporations Organized Pursuant To Other Laws of California Public Utilities Code >> Division 1. >> Part 4. >> Chapter 1. >> Article 11.
Any corporation which is organized or existing pursuant to
any other law may be brought under this chapter by amending its
articles of incorporation, in the manner which is prescribed by the
general corporation laws, to conform to this chapter. If any
corporation amends its articles of incorporation to conform to this
chapter, it is deemed to be organized and existing pursuant to,
entitled to the benefit of, and subject to, this chapter for all
purposes and as fully as though it had been originally organized
pursuant to this chapter.
Articles of incorporation are deemed to conform to this
chapter within the meaning of Section 3291 in both of the following
cases:
(a) It is provided or declared in the articles of incorporation,
in substance, regardless of form, that the corporation is organized
and exists as a nonprofit cooperative corporation for the purposes
which are provided for in, or permitted by, this chapter, or one or
more of those purposes.
(b) It clearly appears from the articles of incorporation that the
corporation desires to be subject to, and to be organized, exist,
and function pursuant to, this chapter.
If the amended articles conform, as provided in Section 3222,
provisions in the articles of incorporation that appeared in the
original articles or some previous amended articles are ineffective
if, and to the extent that, they are inapplicable to, or inconsistent
with, this chapter.
This article applies retrospectively as well as
prospectively, and may be availed of by a corporation regardless of
the time of incorporation, whether prior or subsequent to the
adoption of this article, and shall apply to amendments to articles
of incorporation whether made prior or subsequent to the adoption of
this article, and all amendments made prior to the adoption of this
article shall be effective and valid to the same extent as though
made subsequent to the adoption of this article.