Cal. Corp. Code § 5351

Current through the 2023 Legislative Session.
Section 5351 - Dues, assessments, or fees

A corporation may levy dues, assessments or fees upon its members pursuant to its articles or bylaws, but a member upon learning of them may avoid liability for them by promptly resigning from membership, except where the member is, by contract or otherwise, liable for them. Article or bylaw provisions authorizing such dues, assessments or fees do not, of themselves, create such liability.

Ca. Corp. Code § 5351

Added by Stats. 1978, Ch. 567.