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California Corporations Code

§ 12452

CORP § 12452Div. 3 · Title 1 · Part 2 · Ch. 4 · Art. 1
A corporation may, subject to meeting the requirements of Section 12453 and any additional restrictions authorized by Section 12454, purchase or redeem memberships.

Legislative history

Amended by Stats. 1985, Ch. 378, Sec. 7.

Source: California Corporations Code § 12452 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.