California Statutes

§ 12246.2. — 12246.2. (Added by Stats. 2013, Ch. 538, Sec. 2.)

California·Code CORP Corporations Code - CORP·Div. 3.·Title 1. DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES·Part 2. PART 2. COOPERATIVE CORPORATIONS·Ch. 1. CHAPTER 1. General Provisions, Organization and Bylaws·Art. 2. ARTICLE 2. General Provisions and Definitions
“Series” of memberships means memberships within a class of memberships that have the same rights, privileges, preferences, restrictions, and conditions, but that differ in one or more rights, privileges, preferences, restrictions, or conditions from other memberships within the class. Certificated securities and uncertificated securities do not constitute a different series if the only difference is certificated and uncertificated status.

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California § 12246.2. (12246.2. (Added by Stats. 2013, Ch. 538, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2013, Ch. 538, Sec. 2. (AB 1255) Effective January 1, 2014.

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