Subject to the articles or bylaws, memberships may be issued by a corporation for no consideration or for such consideration as is determined by the board.
(Amended by Stats. 1981, Ch. 587, Sec. 10.)
Corp. Code § 5311, under Issuance of Memberships.
Corp. Code § 5311
Subject to the articles or bylaws, memberships may be issued by a corporation for no consideration or for such consideration as is determined by the board.
(Amended by Stats. 1981, Ch. 587, Sec. 10.)