California Corporations Code Section 12400

CA Corp Code § 12400 (2017)  

Subject to the articles or bylaws, memberships may be issued by a corporation for no consideration or for such consideration as is determined by the board.

(Repealed and added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)

Last modified: October 25, 2018