Corporations Code § 12244
‹ § 12243§ 12245 ›Open in browserleginfo ↗12244.
“Patronage distribution” means any transfer made to a patron of the corporation the amount of which is computed with reference to the patron’s patronage of the corporation.
(Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)