California Food and Agricultural Code 54237 – The bylaws shall prohibit the transfer of the common stock or …
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The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to any person that is not qualified to be a shareholder or member as specified in this chapter. Such restrictions shall be printed upon every certificate of stock or membership which is subject to them.
(Enacted by Stats. 1967, Ch. 15.)
Terms Used In California Food and Agricultural Code 54237
- Person: means any individual, partnership, association, corporation, limited liability company, or any organized group of persons whether incorporated or not. See California Food and Agricultural Code 38