California Corporations Code

§ 12245.2

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

CORP § 12245.2 Effective Jan 1, 2014Div. 3 · Title 1 · Part 2 · Ch. 1 · Art. 2

Statute text

View on leginfo.ca.gov

“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.

Legislative history

Added by Stats. 2013, Ch. 538, Sec. 1. (AB 1255) Effective January 1, 2014.