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California Corporations Code

§ 5311

CORP § 5311Div. 2 · Title 1 · Part 2 · Ch. 3 · Art. 1

Statute text

View on leginfo.ca.gov
Subject 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.

Source: California Corporations Code § 5311 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.