California Corporations Code

§ 7315

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

CORP § 7315Div. 2 · Title 1 · Part 3 · Ch. 3 · Art. 1

(a)Except as provided in subdivision (b), or in its articles or bylaws, a corporation may admit any person to membership.

(b)A corporation may not admit its subsidiary (Section 5073) to membership.

Legislative history

Amended by Stats. 1979, Ch. 724.