{"code":"BPC","codeName":"Business and Professions Code","section":"26229.6","citation":"Bus. & Prof. Code, § 26229.6","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. Cannabis [26000. - 26325.]","url":"https://blackletter.si/business-and-professions-code/division-10"},{"name":"CHAPTER 22. Cannabis Cooperative Associations [26220. - 26231.2.]","url":"https://blackletter.si/business-and-professions-code/division-10/chapter-22"},{"name":"ARTICLE 9. Members [26229. - 26229.8.]","url":"https://blackletter.si/business-and-professions-code/division-10/chapter-22/article-9"}],"history":"Added by Stats. 2017, Ch. 27, Sec. 107.   (SB 94)   Effective June 27, 2017.","effective":"2017-06-27","html":"<p>The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to a person that is not qualified to be a shareholder or member as specified in this chapter. These restrictions shall be printed upon every certificate of stock or membership that is subject to them.</p>","text":"The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to a person that is not qualified to be a shareholder or member as specified in this chapter. These restrictions shall be printed upon every certificate of stock or membership that is subject to them.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/members-26229-6","source":"California Legislative Information bulk export (pubinfo)"}