{"data":{"id":"us-ca/fac-54237","jurisdiction":"us-ca","citation":"FAC § 54237","heading":"","body":"The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to any person that is not qualified to be a shareholder or member as specified in this chapter. Such restrictions shall be printed upon every certificate of stock or membership which is subject to them.","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 9. Members [54231. - 54239.]"],"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":"3d31eabd6bdf359312bd9aa2b578d535b7bf4fd27632a3c445dcf28d2ffb16e5","source_id":"us-ca","stale":false,"prev":"us-ca/fac-54236","next":"us-ca/fac-54238"},"notice":"GroundRules: Original legal text. Not legal advice."}