California Business and Professions Code ARTICLE 8 - Financial Provisions

• Section 26228.
  An association is not subject in any manner to the terms of the Corporate Securities Law (Division 1 (commencing with Section 25000) of Title 4...
• Section 26228.1.
  If an association issues nonpar value stock, the issuance of the stock shall be governed by the terms of all general laws that cover the...
• Section 26228.2.
  If an association with preferred shares of stock purchases the stock or any property, or any interest in any property of any person, it may...
• Section 26228.3.
  The board of directors of every association shall cause to be sent to the members of the association not later than 120 days after the...

Last modified: October 22, 2018