Statute · California Corporations Code
Cal. Corp. Code § 13241 — By-laws
Cal. Corp. Code § 13241
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The by-laws shall prohibit the transfer of the common stock or membership certificates of the associations to persons not engaged in the production of the products handled by the association.
Citator
Cal. Corp. Code § 13241 — By-laws is in force in the current edition of the Code, and nothing recorded condemns it.
The by-laws shall prohibit the transfer of the common stock or membership certificates of the associations to persons not engaged in the production of the products handled by the association.