Food and Agricultural Code section 54237

The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to any person that is not qualified to be a shareholder or member as specified in this chapter. Such restrictions shall be printed upon every certificate of stock or membership which is subject to them.

Source: Section 54237, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FAC§ionNum=54237. (updated Jan. 1, 1967; accessed Jul. 21, 2025).

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Verified:
Jul. 21, 2025

§ 54237's source at ca.gov

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Location: https://california.public.law/codes/food_and_agricultural_code_section_54237

Original Source: Section 54237, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FAC§ionNum=54237. (last accessed May 12, 2025).