The Evolving Legal Organization of California Farms: Corporations and LLCs
Hoy F. Carman
California corporate farms continue to grow in terms of numbers, share of all farms, acreage, and product sales. The average California corporate farm is larger than the average single proprietor and partnership farm, but all three organizational forms are represented in each of the size, asset and product sales categories from smallest to largest. Many California farms now realize some corporate advantages through organization as a Limited Liability Company.
farming agribusiness, legal structure, family farms
Hoy F. Carman. 2015. "The Evolving Legal Organization of California Farms: Corporations and LLCs." ARE Update 18(6): 9-11. University of California Giannini Foundation of Agricultural Economics.