DIVISION 10. Cannabis 26000-26231.2›CHAPTER 22. Cannabis Cooperative Associations 26220-26231.2›ARTICLE 9. Members 26229-26229.8

§ 26229.8

California Business and Professions Code · 2018-11 edition · updated 2026-10-04 · California

A member or stockholder is not liable for the debts of the association to an amount that exceeds the sum that remains unpaid on his membership fee or his subscription to the capital stock, including any unpaid balance on any promissory note that is given in payment of the membership fee or the subscription to the capital stock.

(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)

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California Business and Professions Code

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