Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 26229.6 — Members

Cal. Bus. & Prof. Code § 26229.6

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

The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to a person that is not qualified to be a shareholder or member as specified in this chapter. These restrictions shall be printed upon every certificate of stock or membership that is…

Citator

Cal. Bus. & Prof. Code § 26229.6 — Members is in force in the current edition of the Code, and nothing recorded condemns it.

The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to a person that is not qualified to be a shareholder or member as specified in this chapter. These restrictions shall be printed upon every certificate of stock or membership that is subject to them.