Corp. Code § 5041. Class

California Corporations Code  >   Corp. Code §5041. Class
 “Class” refers to those memberships which:  (a) are identified in the articles or bylaws as being a different type of membership; or (b) have the same rights with respect to voting, dissolution, redemption and transfer. For the purpose of this section, rights shall be considered the same if they are determined by a formula applied uniformly. [1979]

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