Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 26228 — Financial Provisions

Cal. Bus. & Prof. Code § 26228

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Date
2017-06-27
Current through
Nov 2, 2026 (California Legislative Counsel)

An association is not subject in any manner to the terms of the Corporate Securities Law (Division 1 (commencing with Section 25000) of Title 4 of the Corporations Code), and any association may issue its membership certificates or stock or other securities as provided in this chapter without…

Citator

Cal. Bus. & Prof. Code § 26228 — Financial Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

An association is not subject in any manner to the terms of the Corporate Securities Law (Division 1 (commencing with Section 25000) of Title 4 of the Corporations Code), and any association may issue its membership certificates or stock or other securities as provided in this chapter without the necessity of any qualification under that law.