{"data":{"id":"us-ca/corp-7411","jurisdiction":"us-ca","citation":"CORP § 7411","heading":"","body":"(a) Except as provided in subdivision (b), no corporation shall make any distribution except upon dissolution.\n(b) A corporation may, subject to meeting the requirements of Sections 7412 and 7413 and any additional restrictions authorized by Section 7414, purchase or redeem memberships.","path":["Corporations Code - CORP","TITLE 1. CORPORATIONS [100. - 14707.]","DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]","PART 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS [7110. - 8910.]","CHAPTER 4. Distributions [7410. - 7420.]","ARTICLE 1. Limitations [7410. - 7414.]"],"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":"abfb7418c39e96b25608c6881a75198e7c75722e41ea9de6155a149b1f8dd88d","source_id":"us-ca","stale":false,"prev":"us-ca/corp-7410","next":"us-ca/corp-7412"},"notice":"GroundRules: Original legal text. Not legal advice."}