California § 13310. 13310. (Added by Stats. 1953, Ch. 207.)

California Statutes

§ 13310. — 13310. (Added by Stats. 1953, Ch. 207.)

California § 13310.

JurisdictionCalifornia

Code CORPCorporations Code - CORP

Div.3.

Title 1.DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES

Part 3.PART 3. FISH MARKETING

Ch. 5.CHAPTER 5. Stock

This text of California § 13310. (13310. (Added by Stats. 1953, Ch. 207.)) 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 § 13310. (2026).

Text

No association shall issue a certificate for stock to a member until it has been fully paid for. The promissory notes of the members may be accepted by the association as full or partial payment. The association shall hold the stock as security for the payment of the note; but such retention as security shall not affect the member’s right to vote. An association, in its by-laws, may limit the amount of common stock which one member may own.

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No association shall issue a certificate for stock to a member until it has been fully paid for. The promissory notes of the members may be accepted by the association as full or partial payment. The association shall hold the stock as security for the payment of the note; but such retention as security shall not affect the member’s right to vote. An association, in its by-laws, may limit the amount of common stock which one member may own.

Legislative History

Added by Stats. 1953, Ch. 207.

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California § 13310., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/13310..