California Corporations Code 13351 – If the members contract a sale to the association, it shall be …
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If the members contract a sale to the association, it shall be conclusively held that title to the products passes absolutely and unreservedly, except for recorded liens, to the association upon delivery or at any other time expressly and definitely specified in the contract.
(Added by Stats. 1953, Ch. 207.)
Terms Used In California Corporations Code 13351
- Association: means any corporation organized under this part. See California Corporations Code 13202
- Contract: A legal written agreement that becomes binding when signed.