California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 1. CORPORATIONS |
Division 3. CORPORATIONS FOR SPECIFIC PURPOSES |
Part 2. CONSUMER COOPERATIVE CORPORATIONS |
Chapter 1. General Provisions, Organization and Bylaws |
ARTICLE 4. Articles of Incorporation |
Section 12314.
Latest version.
-
The articles of incorporation of a central organization, as defined in Section 12256, organized under or subject to this part may provide for unequal voting power of its members based upon the number of its members' members, the patronage of its members, or both. In no event shall any member have less than one vote.
(Amended by Stats. 1983, Ch. 792, Sec. 10.)