California Statutes
§ 13304. — 13304. (Added by Stats. 1953, Ch. 207.)
California·Code CORP Corporations Code - CORP·Div. 3.·Title 1. DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES·Part 3. PART 3. FISH MARKETING·Ch. 4. CHAPTER 4. Members
In case of the expulsion of a member, and where the by-laws do not provide any procedure or penalty, the board of directors shall equitably and conclusively appraise his property interest in the association and shall fix the amount thereof in money, which shall be paid to him within one year after such expulsion.
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California § 13304. (13304. (Added by Stats. 1953, Ch. 207.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1953, Ch. 207.