ARTICLE 5. Bylaws

Article 5 enacted by Stats. 1967, Ch. 15.

§§ 54111–54122 · 12 sections

• § 54111 Each association shall, within 30 days after its incorporation, adopt for its government and management, a code of bylaws, not inconsistent with this chapter.…
• § 54112 The bylaws may prescribe the time, place, and manner of calling and conducting its meetings. Meetings of members or stockholders shall be held at the place as…
• § 54113 The bylaws may prescribe the number of stockholders or members which constitutes a quorum.
• § 54114 The bylaws may prescribe the right of members or stockholders to vote by proxy or by mail or both, and the conditions, manner, form, and effects of such votes;…
• § 54115 The bylaws may prescribe the number of directors which constitutes a quorum.
• § 54116 (a) The bylaws may prescribe the qualifications, compensation, duties, and term of office of directors and officers and the time of their election. (b) The…
• § 54117 The bylaws may prescribe penalties for violations of the bylaws.
• § 54118 The bylaws may prescribe the amount of entrance, organization, and membership fees, if any; the manner and method of collection of such fees; and the purposes…
• § 54119 The bylaws may prescribe the amount which each member or stockholder shall be required to pay annually, or from time to time, if at all, to carry on the…
• § 54120 The bylaws may prescribe the amount of any dividends that may be declared on the stock or membership capital. To the extent that dividends are payable out of…
• § 54121 The bylaws may prescribe the number and qualification of members or stockholders of the association and the conditions precedent to membership or ownership of…
• § 54122 The bylaws may prescribe the manner of determining the value of a member’s interest and provision for its purchase by the association upon the death or…