Bus. & Prof. Code, § 26225.9 · Article 5. Bylaws
Bus. & Prof. Code, § 26225.9
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The bylaws may prescribe any of the following:
(a) The number and qualification of members or stockholders of the association and the conditions precedent to membership or ownership of common stock.
(b) The method, time, and manner of permitting members to withdraw or the holders of common stock to transfer their stock.
(c) The manner of assignment and transfer of the interest of members, and of the shares of common stock.
(d) The conditions under which, and time when, membership of a member shall cease.
(e) The automatic suspension of the rights of a member when he or she ceases to be eligible to membership in the association.
(f) The mode, manner, and effect of the expulsion of a member.
Notes and commentary — not statutory text
History
Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=26225.9.
- Text hash
- sha256 f67173947018fcd4810cabaf2cdcc13a0b41bd9bf712e603e416424d724a70fb
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.