California Public Resources Code ARTICLE 7 - Protection and Development Corporations

• Section 4731.
  Corporations may be formed under the general corporation laws of this state for the protection and development of forest and other renewable natural resources, except...
• Section 4732.
  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...
• Section 4733.
  No shareholder of any corporation formed pursuant to this article shall receive or accept from the corporation in repayment of his investment in its shares...
• Section 4734.
  Any corporation formed pursuant to this article may, if so authorized by the Commissioner of Corporations, borrow money from or sell, pledge, or discount its...
• Section 4735.
  Any corporation operating in or upon forests or forest lands of this state which borrows money from any corporation or agency established under the authority...
• Section 4736.
  No operation of a corporation operating pursuant to this article, involving the cutting of timber or other work upon forest lands shall be commenced without...
• Section 4737.
  The board shall make regular examination of the properties of such corporations during the operating season at intervals of not more than two months apart....
• Section 4738.
  The operation of any corporation formed pursuant to this article shall, in addition to the requirements of this article, be subject to any stipulations or...

Last modified: October 22, 2018