DIVISION 10. Cannabis 26000-26231.2›CHAPTER 22. Cannabis Cooperative Associations 26220-26231.2›ARTICLE 8. Financial Provisions 26228-26228.3
§ 26228
California Business and Professions Code · 2018-11 edition · updated 2026-10-04 · California
An association is not subject in any manner to the terms of the Corporate Securities Law (Division 1 (commencing with Section 25000) of Title 4 of the Corporations Code), and any association may issue its membership certificates or stock or other securities as provided in this chapter without the necessity of any qualification under that law.
(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code