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California Corporations Code Section 103

Legal Research Home > California Lawyer > Corporations Code > California Corporations Code Section 103

Every corporation organized under the laws of this state, any
other state of the United States or the District of Columbia or under
an act of the Congress of the United States, all of the capital
stock of which is beneficially owned by the United States, an agency
or instrumentality of the United States or any corporation the whole
of the capital stock of which is owned by the United States or by an
agency or instrumentality of the United States, is conclusively
presumed to be an agency and instrumentality of the United States and
is entitled to all privileges and immunities to which the holders of
all of its stock are entitled as agencies of the United States.

Last modified: January 12, 2009