Corporations Code § 12230.5
‹ § 12230§ 12231 ›Open in browserleginfo ↗12230.5.
“Collective board worker cooperative” means a worker cooperative in which there is only one class of members consisting of worker-members, all of whom are members of the board.
(Added by Stats. 2015, Ch. 192, Sec. 6. (AB 816) Effective January 1, 2016.)