Statute · California Corporations Code

Cal. Corp. Code § 17712.01 — Class Provisions

Cal. Corp. Code § 17712.01

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2013-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The articles of organization or the operating agreement may provide for the creation of classes of members having those relative rights, powers, and duties as the articles of organization or operating agreement may provide, including rights, powers, and duties senior to other classes of members.

Citator

Cal. Corp. Code § 17712.01 — Class Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

The articles of organization or the operating agreement may provide for the creation of classes of members having those relative rights, powers, and duties as the articles of organization or operating agreement may provide, including rights, powers, and duties senior to other classes of members.