{"code":"CORP","codeName":"Corporations Code","section":"5311","citation":"Corp. Code, § 5311","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 2. NONPROFIT PUBLIC BENEFIT CORPORATIONS [5110. - 6910.]","url":"https://blackletter.si/corporations-code/title-1/division-2/part-2"},{"name":"CHAPTER 3. Members [5310. - 5354.]","url":"https://blackletter.si/corporations-code/title-1/division-2/part-2/chapter-3"},{"name":"ARTICLE 1. Issuance of Memberships [5310. - 5313.]","url":"https://blackletter.si/corporations-code/title-1/division-2/part-2/chapter-3/article-1"}],"history":"Amended by Stats. 1981, Ch. 587, Sec. 10.","effective":null,"html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/corporations-code/issuance-of-memberships-5311","source":"California Legislative Information bulk export (pubinfo)"}