DecisionDepot
California legal research

California Corporations Code

§ 9320

CORP § 9320Div. 2 · Title 1 · Part 4 · Ch. 3 · Art. 2

Statute text

View on leginfo.ca.gov
Subject to Section 9417:
(a)No member may transfer for value a membership or any right arising therefrom; and
(b)Unless otherwise provided in the corporation’s articles or bylaws, all rights of membership cease upon the member’s death or dissolution.

Legislative history

Amended by Stats. 1981, Ch. 587, Sec. 50.

Source: California Corporations Code § 9320 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.