Sections
4 entriesSection 26228Exempts a cannabis cooperative association from the Corporate Securities Law and allows it to issue membership certificates, stock, or other securities as…Section 26228.1Requires issuance of nonpar-value stock by an association to follow all generally applicable state laws governing issuance of nonpar-value stock by domestic…Section 26228.2Allows an association with preferred stock to pay wholly or partly for acquired stock, property, or property interests by issuing preferred shares…Section 26228.3Requires an association’s board to send members an annual operations report within 120 days after the fiscal or calendar year closes unless…