{"data":{"id":"us-ca/bpc-26228","jurisdiction":"us-ca","citation":"BPC § 26228","heading":"","body":"An association is not subject in any manner to the terms of the Corporate Securities Law (Division 1 (commencing with Section 25000) of Title 4 of the Corporations Code), and any association may issue its membership certificates or stock or other securities as provided in this chapter without the necessity of any qualification under that law.","path":["Business and Professions Code - BPC","DIVISION 10. Cannabis [26000. - 26325.]","CHAPTER 22. Cannabis Cooperative Associations [26220. - 26231.2.]","ARTICLE 8. Financial Provisions [26228. - 26228.3.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"de31bd09b8cdbcdcc553ba63e07373ee6f4c8d25e5f5cebd2d08b0127a0ab53c","source_id":"us-ca","stale":false,"prev":"us-ca/bpc-26227.9","next":"us-ca/bpc-26228.1"},"notice":"GroundRules: Original legal text. Not legal advice."}