California Corporations Code

§ 5341

CORP § 5341 Effective Jan 1, 1997Div. 2 · Title 1 · Part 2 · Ch. 3 · Art. 4

Statute text

(a)No member may be expelled or suspended, and no membership or membership rights may be terminated or suspended, except according to procedures satisfying the requirements of this section. An expulsion, termination or suspension not in accord with this section shall be void and without effect.

(b)Any expulsion, suspension or termination must be done in good faith and in a fair and reasonable manner. Any procedure which conforms to the requirements of subdivision (c) is fair and reasonable, but a court may also find other procedures to be fair and reasonable when the full circumstances of the suspension, termination, or expulsion are considered.

(c)A procedure is fair and reasonable when:

…

Legislative history

Amended by Stats. 1996, Ch. 589, Sec. 9. Effective January 1, 1997.