California Public Utilities Code ARTICLE 9 - Members

  • Section 3171.
    Under the terms and conditions which are prescribed in the bylaws adopted by it, an association may admit as members or issue common stock to...
  • Section 3172.
    If a member of a nonstock association is other than a natural person, that member may be represented by any individual, associate, officer, manager, or...
  • Section 3173.
    Any association may become a member or stockholder of any other association.(Added by Stats. 1987, Ch. 680, Sec. 1.)
  • Section 3174.
    If a member of an association which is established without shares of stock has paid the prescribed membership fee in full, the member shall receive...
  • Section 3175.
    An association shall not issue a certificate for stock to a member until it has been fully paid for. The promissory notes of the members...
  • Section 3176.
    An association, in its bylaws, may limit the amount of common stock which any member may own.(Added by Stats. 1987, Ch. 680, Sec. 1.)
  • Section 3177.
    The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to any person that is not qualified to be...
  • Section 3178.
    The association may, at any time, as specified in the bylaws, except when the debts of the association exceed 50 percent of its assets, buy...
  • Section 3179.
    A member is not liable for the debts of the association in an amount which exceeds the sum which remains unpaid on the member’s or...
  • Section 3180.
    No public utility, corporation holding a controlling interest in a public utility, or subsidiary or affiliate of a public utility may be a member of...
  • Section 3181.
    No producer of gas owning or controlling petroleum refining capacity of 100,000 or more barrels per day in California, or a producer of gas owned...

Last modified: October 22, 2018