Statute · California Corporations Code
Cal. Corp. Code § 7315 — Issuance of Memberships
Cal. Corp. Code § 7315
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Except as provided in subdivision (b), or in its articles or bylaws, a corporation may admit any person to membership.
Citator
Cal. Corp. Code § 7315 — Issuance of Memberships is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Except as provided in subdivision (b), or in its articles or bylaws, a corporation may admit any person to membership.
(b) A corporation may not admit its subsidiary (Section 5073) to membership.