Public Utilities Code section 3177

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. These restrictions shall be printed upon every certificate of stock or membership which is subject to them.

Source: Section 3177, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=3177. (updated Jan. 1, 1987; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 3177's source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_3177

Original Source: Section 3177, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=3177. (last accessed May 12, 2025).