ARTICLE 3. Types of Memberships [7330. - 7333.]

Article 3 added by Stats. 1978, Ch. 567.

§§ 7330–7333 · 4 sections

• § 7330 A corporation may issue memberships having different rights, privileges, preferences, restrictions, or conditions, as authorized by its articles or bylaws.
• § 7331 Except as provided in or authorized by the articles or bylaws, all memberships shall have the same rights, privileges, preferences, restrictions and conditions.
• § 7332 (a) A corporation may provide in its articles for one or more classes of memberships which are redeemable, in whole or in part, at the option of the…
• § 7333 (a) A corporation may refer to persons associated with it as “members” even though such persons are not members within the meaning of Section 5056; but…