(a) The worker-members of a worker cooperative shall have voting power as provided in subdivision (a) of Section 12253.
(b) Community investors have voting power only as provided in subdivision (c) of Section 12253.
Cal. Corp. Code § 12404.5
Issuance of Memberships
Known as the Cooperative Corporation Law
The act spans §§ 12200–12704 (266 sections).
Added by Stats. 2015, Ch. 192, Sec. 15
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.