Cal. Corporations Code § 9320
Cal. Corporations Code § 9320
California · California Corporations Code · Status: effective
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- Citation
- Cal. Corporations Code § 9320, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/792107
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Full text
Subject to Section 9417:
(a) No member may transfer for value a membership or any right arising therefrom; and
(b) Unless otherwise provided in the corporation’s articles or bylaws, all rights of membership cease upon the member’s death or dissolution.