BlackletterCalifornia law

Corporations Code § 9311

ARTICLE 1. Issuance of Memberships

Current as of September 28, 2026Corp. Code, § 9311Official source ↗

Amended by Stats. 1979, Ch. 724.

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.