{"data":{"id":"us-ca/corp-25005.1","jurisdiction":"us-ca","citation":"CORP § 25005.1","heading":"","body":"“Entity conversion transaction” means a conversion pursuant to Section 1151, 1157, 15911.02, 15911.08, 16902, 16908, 17710.02, or 17710.08 or a conversion that occurs entirely out of state, unless the interests in the entity resulting from the conversion to be held by the equity holders of the entity being converted as a result of the conversion are not securities. For purposes of Sections 25103 and 25120 an entity conversion transaction is not a change in the rights, preferences, privileges, or restrictions of or on outstanding securities or an exchange of securities by the issuer with its existing security holders exclusively.","path":["Corporations Code - CORP","TITLE 4. SECURITIES [25000. - 31528.]","DIVISION 1. CORPORATE SECURITIES LAW OF 1968 [25000. - 25707.]","PART 1. DEFINITIONS [25000. - 25023.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"7dbfc53d9dfede8300a371b9e910ee61f0db8447b0b30633d0f0ed85ff3a8baf","source_id":"us-ca","stale":false,"prev":"us-ca/corp-25005","next":"us-ca/corp-25006"},"notice":"GroundRules: Original legal text. Not legal advice."}