{"code":"CORP","codeName":"Corporations Code","section":"7414","citation":"Corp. Code, § 7414","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 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS [7110. - 8910.]","url":"https://blackletter.si/corporations-code/title-1/division-2/part-3"},{"name":"CHAPTER 4. Distributions [7410. - 7420.]","url":"https://blackletter.si/corporations-code/title-1/division-2/part-3/chapter-4"},{"name":"ARTICLE 1. Limitations [7410. - 7414.]","url":"https://blackletter.si/corporations-code/title-1/division-2/part-3/chapter-4/article-1"}],"history":"Added by Stats. 1978, Ch. 567.","effective":null,"html":"<p>Nothing in this chapter prohibits additional restrictions upon the purchase or redemption of a membership by provision in a corporation’s articles or bylaws or agreement entered into by the corporation.</p>","text":"Nothing in this chapter prohibits additional restrictions upon the purchase or redemption of a membership by provision in a corporation’s articles or bylaws or agreement entered into by the corporation.","otherVersions":[],"url":"https://blackletter.si/corporations-code/limitations-7414","source":"California Legislative Information bulk export (pubinfo)"}