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Corporations Code § 7315

‹ § 7314§ 7320Open in browserleginfo ↗

7315.

(a) Except as provided in subdivision (b), or in its articles or bylaws, a corporation may admit any person to membership.

(b) A corporation may not admit its subsidiary (Section 5073) to membership.

(Amended by Stats. 1979, Ch. 724.)