Home/California/Statutes/Code CORP: Corporations Code - CORP/Div.: 3./Title 1.: DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES/Part 2.: PART 2. COOPERATIVE CORPORATIONS/Ch. 3.: CHAPTER 3. Members/Art. 1.: ARTICLE 1. Issuance of Memberships/§ 12404.5.
California Statutes

§ 12404.5. — 12404.5. (Added by Stats. 2015, Ch. 192, Sec. 15.)

California § 12404.5.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.3.
Title 1.DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES
Part 2.PART 2. COOPERATIVE CORPORATIONS
Ch. 3.CHAPTER 3. Members
Art. 1.ARTICLE 1. Issuance of Memberships

This text of California § 12404.5. (12404.5. (Added by Stats. 2015, Ch. 192, Sec. 15.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Corporations Code - CORP Code § 12404.5. (2026).

Text

(a)The worker-members of a worker cooperative shall have voting power as provided in subdivision (a) of Section 12253.
(b)Community investors have voting power only as provided in subdivision (c) of Section 12253.

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Legislative History

Added by Stats. 2015, Ch. 192, Sec. 15. (AB 816) Effective January 1, 2016.

Nearby Sections

2
§ 12404.
12404. (Amended by Stats. 2015, Ch. 192, Sec. 14.)
§ 12404.5.
12404.5. (Added by Stats. 2015, Ch. 192, Sec. 15.)
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California § 12404.5., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/12404.5..