California Corporations Code 13300 – (a) Under the terms and conditions prescribed in the by-laws, an …
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(a) Under the terms and conditions prescribed in the by-laws, an association may admit as members, or issue common stock to, only such persons as are engaged in the production of fishery products to be handled by or through the association, including the lessees and tenants of boats and equipment used for the production of such fishery products and any lessors and landlords who receive as rent all or part of the fish produced by such leased equipment.
(b) If a member of a nonstock association is other than a natural person, such member may be represented by any individual duly authorized in writing.
Terms Used In California Corporations Code 13300
- Association: means any corporation organized under this part. See California Corporations Code 13202
- Fishery products: includes fish, crustaceans, mollusks, and marine products for human consumption. See California Corporations Code 13202
- Member: includes members of associations without capital stock and holders of common stock in associations organized with shares of stock. See California Corporations Code 13202
- Person: includes a corporation as well as a natural person. See California Corporations Code 18
(c) One association may become a member or stockholder of any other association.
(Added by Stats. 1953, Ch. 207.)