Corporations Code section 12404.5

(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.

Source: Section 12404.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=12404.5. (accessed May 14, 2025).

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Last Updated

May 12, 2025

§ 12404.5’s source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_12404.5

Original Source: Section 12404.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=12404.5. (last accessed May 12, 2025).