{"data":{"id":"us-ca/fac-54121","jurisdiction":"us-ca","citation":"FAC § 54121","heading":"","body":"The bylaws may prescribe the number and qualification of members or stockholders of the association and the conditions precedent to membership or ownership of common stock; the method, time, and manner of permitting members to withdraw or the holders of common stock to transfer their stock; the manner of assignment and transfer of the interest of members, and of the shares of common stock; the conditions upon which, and time when, membership of any member shall cease; the automatic supsension of the rights of a member when he ceases to be eligible to membership in the association; and the mode, manner, and effect of the expulsion of a member.","path":["Food and Agricultural Code - FAC","DIVISION 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS [54001. - 57700.]","CHAPTER 1. Nonprofit Cooperative Associations [54001. - 54294.]","ARTICLE 5. Bylaws [54111. - 54122.]"],"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":"0ad373137c26c99219e6026109a8e0e37fec9e9e3637f7c7850aca853fc30496","source_id":"us-ca","stale":false,"prev":"us-ca/fac-54120","next":"us-ca/fac-54122"},"notice":"GroundRules: Original legal text. Not legal advice."}