California Corporations Code
§ 12235
CORP § 12235Div. 3 · Title 1 · Part 2 · Ch. 1 · Art. 2
Statute text
View on leginfo.ca.gov“Distribution” means the distribution of any gains, profits or dividends to any member as such, but does not include patronage distributions.
Legislative history
Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.