California Laws: Corporations Code Sections 5330-5332

California Laws > Corporations Code

• California Laws: Corporations Code Section 5330
  A corporation may issue memberships having different rights, privileges, preferences, restrictions or conditions, as authorized by its articles or bylaws. ...
• California Laws: Corporations Code Section 5331
  Except as provided in or authorized by the articles or bylaws, all memberships shall have the same rights, privileges, preferences, restrictions and conditions. ...
• California Laws: Corporations Code Section 5332
  (a) A corporation may refer to persons associated with it as "members" even though such persons are not members within the meaning of Section 5056;...