California CodesBusiness and Professions Code - BPCDivision 10 — CannabisChapter 22 — Cannabis Cooperative AssociationsArticle 2 — General ProvisionsSection 26222.5
The General Corporation Law (Division 1 (commencing with Section 100) of Title 1 of the Corporations Code) applies to each association that is organized pursuant to this chapter, except where those provisions are in conflict with or inconsistent with the express provisions of this chapter. For the purpose of associations organized without shares of stock, the members shall be deemed to be “shareholders” as the term is used in the General Corporation Law.
Notes
Extends the General Corporation Law to every association organized under the chapter except where its provisions conflict with or are inconsistent with express chapter provisions. For associations organized without stock shares, members are treated as shareholders for purposes of applying the General Corporation Law.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 26222.5 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-10/chapter-22/article-2/section-26222-5