California CodesBusiness and Professions Code - BPCDivision 10 — CannabisChapter 22 — Cannabis Cooperative AssociationsArticle 1 — DefinitionsSection 26220.2

“Member” includes members of associations without capital stock and holders of common stock in associations that are organized with shares of stock.

Notes

Defines “member” for the cooperative chapter to include both members of associations organized without capital stock and holders of common stock in associations organized with shares. Extends the term across those two organizational structures without setting a voting threshold, ownership percentage, deadline, monetary amount, or separate exclusion in the definition.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 26220.2 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-10/chapter-22/article-1/section-26220-2

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