Cal. Corp. Code § 28047
Current through the 2023 Legislative Session.
"Small business firm" means a person that proposes to transact, or transacts, business on a regular and continuous basis in California and, together with its affiliates, has a net worth of not more than eighteen million dollars ($18,000,000) and average net income after federal income taxes, excluding any carryover losses, for the preceding two years no greater than six million dollars ($6,000,000).
Ca. Corp. Code § 28047