Corp. Code, § 5056 · Part 1. GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5
Corp. Code, § 5056
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) “Member” means any person who, pursuant to a specific provision of a corporation’s articles or bylaws, has the right to vote for the election of a director or directors or on a disposition of all or substantially all of the assets of a corporation or on a merger or on a dissolution unless the provision granting such right to vote is only effective as a result of paragraph (2) of subdivision (a) of Section 7132. “Member” also means any person who is designated in the articles or bylaws as a member and, pursuant to a specific provision of a corporation’s articles or bylaws, has the right to vote on changes to the articles or bylaws.
(b) The articles or bylaws may confer some or all of the rights of a member, set forth in this part and in Parts 2 through 5 of this division, upon any person or persons who do not have any of the voting rights referred to in subdivision (a).
(c) Where a member of a corporation is not a natural person, such member may authorize in writing one or more natural persons to vote on its behalf on any or all matters which may require a vote of the members.
(d) A person is not a member by virtue of any of the following:
(1) Any rights such person has as a delegate.
(2) Any rights such person has to designate or select a director or directors.
(3) Any rights such person has as a director.
Notes and commentary — not statutory text
History
Amended by Stats. 1982, Ch. 36, Sec. 5. Effective February 17, 1982.
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=CORP§ionNum=5056.
- Text hash
- sha256 081b71a03a0481b4f7ab782dba0671e5f0e07e7c558cef4083940f68030ec2e9
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Corporations Code
Cited by 10 provisions
Provisions in this library whose text cites Corp. Code, § 5056. Each shows the citation as that text prints it.
Corporations Code
- Corp. Code, § 5049Printed as Section 5056
- Corp. Code, § 5121Printed as Section 5056
- Corp. Code, § 5332Printed as Section 5056
- Corp. Code, § 5342Printed as Section 5056
- Corp. Code, § 7121Printed as Section 5056
- Corp. Code, § 7333Printed as Section 5056
- Corp. Code, § 9121Printed as Section 5056
- Corp. Code, § 9332Printed as Section 5056
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