GroundRules
CORP § 8811
Where this section sits in the code
- Corporations Code - CORP
- TITLE 1. CORPORATIONS [100. - 14707.]
- DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]
- PART 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS [7110. - 8910.]
- CHAPTER 18. Crimes and Penalties [8810. - 8817.]
Any promoter, director, or officer of a corporation who knowingly and willfully issues or consents to the issuance of memberships or membership certificates with intent to defraud present or future members or creditors is guilty of a misdemeanor punishable by a fine of not more than one thousand dollars ($1,000) or by imprisonment in county jail for not more than one year or by both such fine and imprisonment.
Collected 2026-09-14T05:56:33Z. Source file · JSON