Section 26229.6

Bus. & Prof. Code § 26229.6 — under California Bus. & Prof. Code.

Bus. & Prof. Code § 26229.6

The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to a person that is not qualified to be a shareholder or member as specified in this chapter. These restrictions shall be printed upon every certificate of stock or membership that is subject to them.