California Corporations Code
§ 12400
CORP § 12400Div. 3 · Title 1 · Part 2 · Ch. 3 · Art. 1
Statute text
View on leginfo.ca.govSubject to the articles or bylaws, memberships may be issued by a corporation for no consideration or for such consideration as is determined by the board.
Legislative history
Repealed and added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.