GroundRules
CORP § 12454
Where this section sits in the code
- Corporations Code - CORP
- TITLE 1. CORPORATIONS [100. - 14707.]
- DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES [12000. - 14707.]
- PART 2. COOPERATIVE CORPORATIONS [12200. - 12704.]
- CHAPTER 4. Distributions [12450. - 12455.]
- ARTICLE 1. Limitations [12450. - 12454.5.]
Nothing in this chapter prohibits additional restrictions upon the purchase or redemption of a membership, upon distributions, or upon patronage distributions, by provision in a corporation’s articles or bylaws or agreement entered into by the corporation.
Collected 2026-09-14T05:56:33Z. Source file · JSON