Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 26227.3 — Powers
Cal. Bus. & Prof. Code § 26227.3
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2017-06-27
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An association may purchase or otherwise acquire, hold, own, and exercise all rights of ownership in, sell, transfer, pledge, or guarantee the payment of dividends or interest on, or the retirement or redemption of, shares of the capital stock or bonds of an association that is engaged in any…
Citator
Cal. Bus. & Prof. Code § 26227.3 — Powers is in force in the current edition of the Code, and nothing recorded condemns it.
An association may purchase or otherwise acquire, hold, own, and exercise all rights of ownership in, sell, transfer, pledge, or guarantee the payment of dividends or interest on, or the retirement or redemption of, shares of the capital stock or bonds of an association that is engaged in any related activity or in the growing, harvesting, curing, drying, trimming, packing, grading, storing, or handling of a cannabis product that is handled by the association.