{"code":"CORP","codeName":"Corporations Code","section":"5041","citation":"Corp. Code, § 5041","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. CORPORATIONS [100. - 14707.]","url":"https://blackletter.si/corporations-code/title-1"},{"name":"DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]","url":"https://blackletter.si/corporations-code/title-1/division-2"},{"name":"PART 1. GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5 [5002. - 5080.]","url":"https://blackletter.si/corporations-code/title-1/division-2/part-1"}],"history":"Repealed and added by Stats. 1979, Ch. 724.","effective":null,"html":"<p>“Class” refers to those memberships which: (a) are identified in the articles or bylaws as being a different type of membership; or (b) have the same rights with respect to voting, dissolution, redemption and transfer. For the purpose of this section, rights shall be considered the same if they are determined by a formula applied uniformly.</p>","text":"“Class” refers to those memberships which: (a) are identified in the articles or bylaws as being a different type of membership; or (b) have the same rights with respect to voting, dissolution, redemption and transfer. For the purpose of this section, rights shall be considered the same if they are determined by a formula applied uniformly.","otherVersions":[],"url":"https://blackletter.si/corporations-code/general-provisions-and-definitions-governing-parts-1-through-5041","source":"California Legislative Information bulk export (pubinfo)"}