statute | California
Corporations Code - CORP - CORP § 12235
Summary
“Distribution” means the distribution of any gains, profits or dividends to any member as such, but does not include patronage distributions.
Text
“Distribution” means the distribution of any gains, profits or dividends to any member as such, but does not include patronage distributions.
Retrieval chunks
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#1 | Corporations Code - CORP - CORP § 12235
“Distribution” means the distribution of any gains, profits or dividends to any member as such, but does not include patronage distributions.