BlackletterCalifornia law

Corporations Code § 12244

ARTICLE 2. General Provisions and Definitions

Current as of September 28, 2026Corp. Code, § 12244Official source ↗

Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.

“Patronage distribution” means any transfer made to a patron of the corporation the amount of which is computed with reference to the patron’s patronage of the corporation.