California Corporations Code 5153 – A corporation may provide in its bylaws for voting by its members or …
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A corporation may provide in its bylaws for voting by its members or delegates on the basis of chapter or other organizational unit, or by region or other geographic grouping.
(Added by Stats. 1979, Ch. 724.)
Terms Used In California Corporations Code 5153
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.