California Law (Last Updated: March 4, 2014) |
Food and Agricultural Code - FAC |
Division 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS |
Chapter 1. Nonprofit Cooperative Associations |
ARTICLE 5. Bylaws |
Section 54114.
Latest version.
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The bylaws may prescribe the right of members or stockholders to vote by proxy or by mail or both, and the conditions, manner, form, and effects of such votes; the right of members or stockholders to cumulate their votes and the prohibition, if desired, of cumulative voting.
(Enacted by Stats. 1967, Ch. 15.)