The General Corporation Law (Division 1 (commencing with Section 100) of Title 1 of the Corporations Code) applies to each association that is organized pursuant to this chapter, except where those provisions are in conflict with or inconsistent with the express provisions of this chapter. For the purpose of associations organized without shares of stock, the members shall be deemed to be “shareholders” as the term is used in the General Corporation Law.
Cal. Bus. & Prof. Code § 26222.5
General Provisions
Known as the Medicinal and Adult-Use Cannabis Regulation and Safety Act
The act spans §§ 26000 to 26308 (207 sections).
Added by Stats. 2017, Ch. 27, Sec. 107
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.