Code Section

Corporations Code - CORP

TITLE 1. CORPORATIONS [100 - 14707]

  ( Title 1 enacted by Stats. 1947, Ch. 1038. )
  

DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES [12000 - 14707]

  ( Division 3 enacted by Stats. 1947, Ch. 1038. )
  

PART 2. COOPERATIVE CORPORATIONS [12200 - 12704]

  ( Heading of Part 2 amended by Stats. 2015, Ch. 192, Sec. 2. )
  

CHAPTER 1. General Provisions, Organization and Bylaws [12200 - 12340]

  ( Chapter 1 added by Stats. 1982, Ch. 1625, Sec. 3. )
  

ARTICLE 2. General Provisions and Definitions [12210 - 12256]
  ( Article 2 added by Stats. 1982, Ch. 1625, Sec. 3. )

  
12238.  

(a) “Member” means any person who, pursuant to a specific provision of a corporation’s articles or bylaws, has the right to vote for the election of a director or directors, or possesses proprietary interests in the corporation.

(b) The articles or bylaws may confer some or all of the rights of a member, set forth in this part, upon any person or persons who do not have any of the voting rights referred to in subdivision (a).

(c) Where a member of a corporation is not a natural person, such member may authorize in writing one or more natural persons to vote on its behalf on any or all matters which may require a vote of the members.

(d) A person is not a member by virtue of any of the following:

(1) Any rights such person has as a delegate.

(2) Any rights such person has to designate or select a director or directors.

(3) Any rights such person has as a director.

(e) “Worker-member” means a member of a worker cooperative who is a natural person and also a patron of a worker cooperative.

(f)  “Community investor” means a person who is not a worker-member and who holds a share or other proprietary interest in a worker cooperative.

(g) “Worker” means a natural person contributing labor or services to a worker cooperative. “Candidate” means a worker who is being considered for membership in a worker cooperative, as defined in the corporation’s articles or bylaws.

(Amended by Stats. 2015, Ch. 192, Sec. 7. (AB 816) Effective January 1, 2016.)