{"data":{"id":"us-ca/corp-13240","jurisdiction":"us-ca","citation":"CORP § 13240","heading":"","body":"Each association shall within 30 days after its incorporation, adopt for its government and management, a code of by-laws, not inconsistent with this part. A majority vote of the members or shares of stock issued and outstanding and entitled to vote, or the written assent of a majority of the members or of stockholders representing a majority of all the shares of stock issued and outstanding and entitled to vote, is necessary to adopt such by-laws and is effectual to repeal or amend any by-laws, or to adopt additional by-laws. The power to repeal and amend the by-laws, and adopt new by-laws, may, by a similar vote, or similar written assent, be delegated to the board of directors, which authority may, by a similar vote, or similar written assent, be revoked.","path":["Corporations Code - CORP","TITLE 1. CORPORATIONS [100. - 14707.]","DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES [12000. - 14707.]","PART 3. FISH MARKETING [13200. - 13356.]","CHAPTER 2. Formation, Articles, and By-laws [13220. - 13251.]","ARTICLE 3. By-laws [13240. - 13251.]"],"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":"6329ec96e2446b6ac02ea6a419c824a9a9ea4c6f655854bb642e1f2a212600ec","source_id":"us-ca","stale":false,"prev":"us-ca/corp-13230","next":"us-ca/corp-13241"},"notice":"GroundRules: Original legal text. Not legal advice."}