Corporations Code - CORP
TITLE 1. CORPORATIONS [100 - 14707]
( Title 1 enacted by Stats. 1947, Ch. 1038. ) DIVISION 2. NONPROFIT CORPORATION LAW [5000 - 10841]
( Heading of Division 2 amended by Stats. 1978, Ch. 567. ) PART 1. GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5 [5002 - 5080]
( Part 1 added by Stats. 1978, Ch. 567. ) 5041.
“Class” refers to those memberships which: (a) are identified in the articles or bylaws as being a different type of membership; or (b) have the same rights with respect to voting, dissolution, redemption and transfer. For the purpose of this section, rights shall be considered the same if they are determined by a formula applied uniformly.
(Repealed and added by Stats. 1979, Ch. 724.)