Section 12404.5.

  1. Law
  2. California Code
  3. Code - CORP
  4. CORPORATIONS
  5. 3 - CORPORATIONS FOR SPECIFIC PURPOSES
  6. 2 - COOPERATIVE CORPORATIONS
  7. 3 - Members
  8. 1 - Issuance of Memberships
  9. Section 12404.5.

Checkout our iOS App for a better way to browser and research.

(a) The worker-members of a worker cooperative shall have voting power as provided in subdivision (a) of Section 12253.

(b) Community investors have voting power only as provided in subdivision (c) of Section 12253.

(Added by Stats. 2015, Ch. 192, Sec. 15. (AB 816) Effective January 1, 2016.)


Download our app to see the most-to-date content.