Cal. Bus. & Prof. Code § 26229.6

Current through the 2023 Legislative Session.
Section 26229.6 - Prohibitions on transfer of common stock

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.

Ca. Bus. and Prof'l. Code § 26229.6

Added by Stats 2017 ch 27 (SB 94),s 107, eff. 6/27/2017.