The articles of incorporation of a central organization, as defined in Section 12256, organized under or subject to this part may provide for unequal voting power of its members based upon the number of its members’ members, the patronage of its members, or both. In no event shall any member have less than one vote.
Cal. Corp. Code § 12314
Articles of Incorporation
Known as the Cooperative Corporation Law
The act spans §§ 12200–12704 (266 sections).
Amended by Stats. 1983, Ch. 792, Sec. 10.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.