Cal. Corp. Code § 12404
Issuance of Memberships
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2015
As of January 1, 2011
Except as permitted in Section 12314, the voting power of members having voting rights shall be equal.
Except as permitted in Sections 12314 and 12404.5, the voting power of members having voting rights shall be equal.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.