{"code":"FAC","codeName":"Food and Agricultural Code","section":"54237","citation":"Food & Agr. Code, § 54237","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS [54001. - 57700.]","url":"https://blackletter.si/food-and-agricultural-code/division-20"},{"name":"CHAPTER 1. Nonprofit Cooperative Associations [54001. - 54294.]","url":"https://blackletter.si/food-and-agricultural-code/division-20/chapter-1"},{"name":"ARTICLE 9. Members [54231. - 54239.]","url":"https://blackletter.si/food-and-agricultural-code/division-20/chapter-1/article-9"}],"history":"Enacted by Stats. 1967, Ch. 15.","effective":null,"html":"<p>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 a shareholder or member as specified in this chapter. Such restrictions shall be printed upon every certificate of stock or membership which is subject to them.</p>","text":"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 a shareholder or member as specified in this chapter. Such restrictions shall be printed upon every certificate of stock or membership which is subject to them.","otherVersions":[],"url":"https://blackletter.si/food-and-agricultural-code/members-54237","source":"California Legislative Information bulk export (pubinfo)"}