Food and Agricultural Code § 54237

ARTICLE 9. Members

Current as of September 28, 2026Food & Agr. Code, § 54237Official source ↗

Enacted by Stats. 1967, Ch. 15.

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.