Code Section

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 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS [7110 - 8910]

  ( Part 3 added by Stats. 1978, Ch. 567. )
  

CHAPTER 3. Members [7310 - 7354]

  ( Chapter 3 added by Stats. 1978, Ch. 567. )
  

ARTICLE 1. Issuance of Memberships [7310 - 7315]
  ( Article 1 added by Stats. 1978, Ch. 567. )

  
7311.  

Subject to the articles or bylaws, memberships may be issued by a corporation for no consideration or for such consideration as is determined by the board.

(Amended by Stats. 1981, Ch. 587, Sec. 30.)