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DIVISION 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS 54001-57700›CHAPTER 1. Nonprofit Cooperative Associations 54001-54294›ARTICLE 2. General Provisions 54031-54042

§ 54040

California Food and Agricultural Code · 2018-11 edition · updated 2026-10-04 · California

The General Corporation Law (Division 1 (commencing with Section 100) of Title 1 of the Corporations Code) as added by Chapter 682 of the Statutes of 1975 and as heretofore or hereinafter amended and all powers and rights under such law applies to each association which is organized pursuant to this chapter, except where such provisions are in conflict with or inconsistent with the express provisions of this chapter. For the purpose of associations organized without shares of stock, the members shall be deemed to be “shareholders” as the term is used in the General Corporation Law.

(Amended by Stats. 1978, Ch. 586.)

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California Food and Agricultural Code

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