California Statutes
§ 12404.5. — 12404.5. (Added by Stats. 2015, Ch. 192, Sec. 15.)
California·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
(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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California § 12404.5. (12404.5. (Added by Stats. 2015, Ch. 192, Sec. 15.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2015, Ch. 192, Sec. 15. (AB 816) Effective January 1, 2016.