Corporations Code section 7311

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.

Source: Section 7311, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=7311. (accessed May 12, 2025).

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Last Updated

May 12, 2025

§ 7311’s source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_7311

Original Source: Section 7311, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=7311. (last accessed May 12, 2025).