Cal. Food & Agr. Code § 54237

Current through the 2023 Legislative Session.
Section 54237 - Transfer of common stock or membership certificates

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

Ca. Food and Agric. Code § 54237

Enacted by Stats. 1967, Ch. 15.