Public-domain · open source
OpenJurist

Cal. Bus. & Prof. Code § 26225

Bylaws

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

Each association shall, within 30 days after its incorporation, adopt for its government and management, a code of bylaws, consistent with this chapter. The vote or written assent of shareholders or members that hold at least a majority of the voting power is necessary to adopt the bylaws and is effectual to repeal or amend a bylaw, or to adopt an additional bylaw. The power to repeal and amend the bylaws, and adopt new bylaws, 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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.