Skip to content
ChatProjectCodes

Earlier editions: 2020-112018-112026-09

TITLE 1. CORPORATIONS 100-14707›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14707›PART 2. COOPERATIVE CORPORATIONS 12200-12704›CHAPTER 3. Members 12400-12446›ARTICLE 1. Issuance of Memberships 12400-12405

§ 12404.5

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

(a) The worker-members of a worker cooperative shall have voting power as provided in subdivision (a) of Section 12253.

(b) Community investors have voting power only as provided in subdivision (c) of Section 12253.

(Added by Stats. 2015, Ch. 192, Sec. 15. (AB 816) Effective January 1, 2016.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Corporations Code
California Corporations Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.