Statute · California Corporations Code
Cal. Corp. Code § 12404.5 — Issuance of Memberships
Cal. Corp. Code § 12404.5
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2016-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) The worker-members of a worker cooperative shall have voting power as provided in subdivision (a) of Section 12253.
Citator
Cal. Corp. Code § 12404.5 — Issuance of Memberships is in force in the current edition of the Code, and nothing recorded condemns it.
(a) The worker-members of a worker cooperative shall have voting power as provided in subdivision (a) of Section 12253.
(b) Community investors have voting power only as provided in subdivision (c) of Section 12253.