ARTICLE 8. Financial Provisions

Article 8 enacted by Stats. 1967, Ch. 15.

§§ 54201–54204 · 4 sections

• § 54201 An association is not subject in any manner to the terms of the Corporate Securities Law, Division 1 (commencing with Section 25000), Title 4 of the…
• § 54202 If an association issues nonpar value stock, the issuance of such stock shall be governed by the terms of all general laws which cover the issuance of nonpar…
• § 54203 If an association with preferred shares of stock purchases the stock or any property, or any interest in any property of any person, it may discharge the…
• § 54204 The board of directors of every association shall cause to be sent to the members of the association not later than 120 days after the close of the fiscal or…