California Corporations Code
§ 5311
CORP § 5311Div. 2 · 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
Amended by Stats. 1981, Ch. 587, Sec. 10.