TITLE 1. CORPORATIONS 100-14631›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14631›PART 2. COOPERATIVE CORPORATIONS 12200-12704›CHAPTER 1. General Provisions, Organization and Bylaws 12200-12340›ARTICLE 2. General Provisions and Definitions 12210-12256

§ 12246.2

California Corporations Code · 2018-11 edition · updated 2026-10-04 · California

“Series” of memberships means memberships within a class of memberships that have the same rights, privileges, preferences, restrictions, and conditions, but that differ in one or more rights, privileges, preferences, restrictions, or conditions from other memberships within the class. Certificated securities and uncertificated securities do not constitute a different series if the only difference is certificated and uncertificated status.

(Added by Stats. 2013, Ch. 538, Sec. 2. (AB 1255) Effective January 1, 2014.)

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California Corporations Code

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