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Business and Professions Code - BPC - BPC § 26225.4
Business and Professions Code - BPC - BPC § 26225.4
(a) The bylaws may prescribe the qualifications, compensation, duties, and term of office of directors and officers and the time of their election. (b) The number of directors set forth in the articles of incorporation shall be either a fixed number or a variable number. If a fix
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Business and Professions Code - BPC - BPC § 26225.5
Business and Professions Code - BPC - BPC § 26225.5
The bylaws may prescribe penalties for violations of the bylaws.
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Business and Professions Code - BPC - BPC § 26225.6
Business and Professions Code - BPC - BPC § 26225.6
The bylaws may prescribe the amount of entrance, organization, and membership fees, if any, the manner and method of collection of the fees, and the purposes for which they may be used.
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Business and Professions Code - BPC - BPC § 26225.7
Business and Professions Code - BPC - BPC § 26225.7
The bylaws may prescribe the amount that each member or stockholder shall be required to pay annually, or from time to time, if at all, to carry on the business of the association, the charge, if any, to be paid by each member or stockholder for services that are rendered by the
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Business and Professions Code - BPC - BPC § 26225.8
Business and Professions Code - BPC - BPC § 26225.8
The bylaws may prescribe the amount of dividends, if any, that may be declared on the stock or membership capital. To the extent that dividends are payable out of the excess of association income over association expenses attributable to business transacted with or for members, d
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Business and Professions Code - BPC - BPC § 26225.9
Business and Professions Code - BPC - BPC § 26225.9
The bylaws may prescribe any of the following: (a) The number and qualification of members or stockholders of the association and the conditions precedent to membership or ownership of common stock. (b) The method, time, and manner of permitting members to withdraw or the holders
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Business and Professions Code - BPC - BPC § 26225.95
Business and Professions Code - BPC - BPC § 26225.95
(a) The bylaws may prescribe any of the following: (1) The manner of determining the value of a member’s interest and provision for its purchase by the association upon the death or withdrawal of a member or upon the expulsion of a member or forfeiture of his or her membership, o
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Business and Professions Code - BPC - BPC § 26226
Business and Professions Code - BPC - BPC § 26226
The affairs of the association shall be managed by a board of not less than three directors who are elected by the members or stockholders.
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Business and Professions Code - BPC - BPC § 26226.1
Business and Professions Code - BPC - BPC § 26226.1
The bylaws may provide that the territory in which the association has members shall be divided into districts and that directors shall be elected from the several districts. If the bylaws divides the territory into districts for the election of directors, the bylaws shall specif
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Business and Professions Code - BPC - BPC § 26226.2
Business and Professions Code - BPC - BPC § 26226.2
The bylaws may provide that primary elections shall be held to nominate directors. If the bylaws provide that the territory in which the association has members shall be divided into districts, the bylaws may also provide that the results of the primary elections in the various d
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Business and Professions Code - BPC - BPC § 26226.3
Business and Professions Code - BPC - BPC § 26226.3
The bylaws may provide that the territory in which the association has members shall be divided into districts, and that the directors shall be elected by representatives or advisers, who themselves have been elected by the members or stockholders from the several territorial dis
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Business and Professions Code - BPC - BPC § 26226.4
Business and Professions Code - BPC - BPC § 26226.4
The bylaws may provide that one or more directors may be chosen by a public official or commission or by the other directors selected by the members. The director shall represent primarily the interest of the general public in the association. The director shall have the same pow
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Business and Professions Code - BPC - BPC § 26226.5
Business and Professions Code - BPC - BPC § 26226.5
The bylaws may provide for an executive committee and may allot to the committee all the functions and powers of the board of directors, subject to the general direction and control of the board.
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Business and Professions Code - BPC - BPC § 26226.6
Business and Professions Code - BPC - BPC § 26226.6
An association may provide a fair remuneration for the time that is actually spent by its officers and directors in its service and for the service of the members of its executive committee.
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Business and Professions Code - BPC - BPC § 26226.7
Business and Professions Code - BPC - BPC § 26226.7
If a vacancy on the board of directors occurs, except by expiration of term, the remaining members of the board, by a majority vote, shall fill the vacancy, unless the bylaws provide for an election of directors by districts. If the bylaws provide for an election of directors by
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Business and Professions Code - BPC - BPC § 26226.8
Business and Professions Code - BPC - BPC § 26226.8
(a) The directors shall elect a president, one or more vice presidents, a secretary, a treasurer, and such other officers as may be prescribed by the bylaws. Any two or more offices, except those of president and secretary, may be held by the same person. (b) The treasurer may be
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Business and Professions Code - BPC - BPC § 26226.9
Business and Professions Code - BPC - BPC § 26226.9
(a) A member may bring charges against an officer or director by filing them in writing with the secretary of the association, together with a petition that is signed by 5 percent of the members, which requests the removal of the officer or director in question. The removal shall
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Business and Professions Code - BPC - BPC § 26227
Business and Professions Code - BPC - BPC § 26227
An association may engage in any activity in connection with the growing, harvesting, curing, drying, trimming, packing, grading, storing, or handling of any cannabis product that is produced or delivered to it by its members; or any activity in connection with the purchase, hiri
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Business and Professions Code - BPC - BPC § 26227.1
Business and Professions Code - BPC - BPC § 26227.1
An association may borrow without limitation as to the amount of corporate indebtedness or liability and may make advances to members.
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Business and Professions Code - BPC - BPC § 26227.2
Business and Professions Code - BPC - BPC § 26227.2
An association may act as the agent or representative of any member or members in any of the activities specified in Section 26226.2 or 26226.3.
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Business and Professions Code - BPC - BPC § 26227.3
Business and Professions Code - BPC - BPC § 26227.3
An association may purchase or otherwise acquire, hold, own, and exercise all rights of ownership in, sell, transfer, pledge, or guarantee the payment of dividends or interest on, or the retirement or redemption of, shares of the capital stock or bonds of an association that is e
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Business and Professions Code - BPC - BPC § 26227.4
Business and Professions Code - BPC - BPC § 26227.4
An association may establish reserves and invest the funds of the reserves in bonds or in other property as may be provided in the bylaws.
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Business and Professions Code - BPC - BPC § 26227.5
Business and Professions Code - BPC - BPC § 26227.5
An association may buy, hold, and exercise all privileges of ownership over such real or personal property as may be necessary or convenient for the conduct and operation of, or incidental to, the business of the association.
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Business and Professions Code - BPC - BPC § 26227.6
Business and Professions Code - BPC - BPC § 26227.6
An association may levy assessments in the manner and in the amount as may be provided in its bylaws.
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Business and Professions Code - BPC - BPC § 26227.7
Business and Professions Code - BPC - BPC § 26227.7
An association may do any of the following anywhere: (a) That which is what is necessary, suitable, or proper for the accomplishment of a purpose, or the attainment of an object, that is enumerated in this article. (b) That which is conducive to, or expedient for, the interest or