Statute · California Corporations Code
Cal. Corp. Code § 12245.2 — General Provisions and Definitions
Cal. Corp. Code § 12245.2
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2014-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Preferred memberships” means memberships that have a preference over any other memberships with respect to distribution of assets on liquidation or with respect to payment of distributions.
Citator
Cal. Corp. Code § 12245.2 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“Preferred memberships” means memberships that have a preference over any other memberships with respect to distribution of assets on liquidation or with respect to payment of distributions.