California Corporations Code 13241 – The by-laws shall prohibit the transfer of the common stock or …
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The by-laws shall prohibit the transfer of the common stock or membership certificates of the associations to persons not engaged in the production of the products handled by the association.
(Added by Stats. 1953, Ch. 207.)
Terms Used In California Corporations Code 13241
- Association: means any corporation organized under this part. See California Corporations Code 13202