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Cal. Corporations Code § 12245.2

Cal. Corporations Code § 12245.2

California · California Corporations Code · Status: effective · Effective 2014-01-01

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Cal. Corporations Code § 12245.2, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/792283
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“Preferred memberships” means memberships that have a preference over any other memberships with respect to distribution of assets on liquidation or with respect to payment of distributions.