ARTICLE 1. Issuance of Memberships [9310. - 9313.]
Article 1 added by Stats. 1978, Ch. 567.
§§ 9310–9313 · 4 sections
- § 9310 (a) A corporation may admit persons to membership, as provided in its articles or bylaws, or may provide in its articles or bylaws that it shall have no…
- § 9311 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.
- § 9312 No person may hold more than one membership, and no fractional memberships may be held, provided, however, that: (a) Two or more persons may have an…
- § 9313 Except as provided in its articles or bylaws, a corporation may admit any person to membership.