Bus. & Prof. Code, § 26228.1 · Article 8. Financial Provisions

Bus. & Prof. Code, § 26228.1

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

If an association issues nonpar value stock, the issuance of the stock shall be governed by the terms of all general laws that cover the issuance of nonpar value stock in domestic corporations.

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&sectionNum=26228.1.
Text hash: sha256 c7a0416ba93affbbcd4cc6fada70bc459080fd4cbdb6c0afdef9c859f5015530
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.