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Earlier editions: 2020-112018-11

TITLE 1. CORPORATIONS 100-14707›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14707›PART 2. COOPERATIVE CORPORATIONS 12200-12704›CHAPTER 3. Members 12400-12446›ARTICLE 1. Issuance of Memberships 12400-12405

§ 12404.5

California Corporations Code · 2026-10 edition · updated 2026-10-04 · California

(a) The worker-members of a worker cooperative shall have voting power as provided in subdivision (a) of Section 12253.

(b) Community investors have voting power only as provided in subdivision (c) of Section 12253.

(Added by Stats. 2015, Ch. 192, Sec. 15. (AB 816) Effective January 1, 2016.)

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California Corporations Code

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