Cal. Corp. Code § 12314

Current through the 2023 Legislative Session.
Section 12314 - Unequal voting power of members provided in articles of incorporation of central organization

The articles of incorporation of a central organization, as defined in Section 12256, organized under or subject to this part may provide for unequal voting power of its members based upon the number of its members' members, the patronage of its members, or both. In no event shall any member have less than one vote.

Ca. Corp. Code § 12314

Amended by Stats. 1983, Ch. 792, Sec. 10.