Statute · California Corporations Code
Cal. Corp. Code § 12235 — General Provisions and Definitions
Cal. Corp. Code § 12235
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Distribution” means the distribution of any gains, profits or dividends to any member as such, but does not include patronage distributions.
Citator
Cal. Corp. Code § 12235 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“Distribution” means the distribution of any gains, profits or dividends to any member as such, but does not include patronage distributions.