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Cal. Pub. Util. Code § 3433

Golden State Energy Regulation and Oversight

Known as the Golden State Energy Act

The act spans §§ 3400–3558 (26 sections).

Added by Stats. 2020, Ch. 27, Sec. 12

A person who, pursuant to a specific provision of Golden State Energy’s articles or bylaws, has the right to vote for the election of a director, on a disposition of all or substantially all of the assets of a corporation, on a merger, or on a dissolution, shall not be a member of Golden State Energy for purposes of the Nonprofit Public Benefit Corporation Law (Part 2 (commencing with Section 5110) of Division 2 of Title 1 of the Corporations Code), unless the articles or bylaws designate the person as a member.

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