Subject to the articles or bylaws, memberships may be issued by a corporation for no consideration or for such consideration as is determined by the board.
Cal. Corp. Code § 9311
Issuance of Memberships
Known as the Nonprofit Religious Corporation Law
The act spans §§ 9110–9690 (87 sections).
Amended by Stats. 1979, Ch. 724.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.