Statute · California Corporations Code

Cal. Corp. Code § 12244 — General Provisions and Definitions

Cal. Corp. Code § 12244

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

“Patronage distribution” means any transfer made to a patron of the corporation the amount of which is computed with reference to the patron’s patronage of the corporation.

Citator

Cal. Corp. Code § 12244 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Patronage distribution” means any transfer made to a patron of the corporation the amount of which is computed with reference to the patron’s patronage of the corporation.