{"data":{"id":"us-ca/corp-12403","jurisdiction":"us-ca","citation":"CORP § 12403","heading":"","body":"(a) Except as provided in subdivision (b), or in its articles or bylaws, a corporation may admit any person to membership.\n(b) A corporation may not admit its subsidiary to membership.","path":["Corporations Code - CORP","TITLE 1. CORPORATIONS [100. - 14707.]","DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES [12000. - 14707.]","PART 2. COOPERATIVE CORPORATIONS [12200. - 12704.]","CHAPTER 3. Members [12400. - 12446.]","ARTICLE 1. Issuance of Memberships [12400. - 12405.]"],"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":"096fb7c54d84ef55964ee04192ae94e3b614c3d50598b7975b4f25b938f0f0fc","source_id":"us-ca","stale":false,"prev":"us-ca/corp-12402","next":"us-ca/corp-12404"},"notice":"GroundRules: Original legal text. Not legal advice."}