Corp. Code, § 9320 · Article 2. Transfer of Memberships
Corp. Code, § 9320
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
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.
Notes and commentary — not statutory text
History
Amended by Stats. 1981, Ch. 587, Sec. 50.
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=9320.
- Text hash
- sha256 df8597df0fc9bb032ea85daefa279b51a449b1e873eac761f1a7e891e400c8f6
- 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
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Corporations Code
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