§ 13329 Fishery Association Investments

Corporations Code·California

AI SummaryVerified

This law says a group of fishermen can buy, own, or sell parts of companies that help with fishing stuff, like storing, selling, or packing fish.

Key Takeaways

•Fishermen groups can buy or sell parts of companies that help with fishing.
•These companies can do things like store, sell, or pack fish.
•The law is about helping fishermen have more control over fishing-related businesses.

Example

A group of fishermen want to buy a part of a company that makes fish boxes.

This law lets them do that because making fish boxes is related to fishing.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 13329 Fishery Association Investments

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 any corporation or association engaged in any related activity or in the warehousing or handling or marketing or packing or manufacturing or processing or preparing for market of any of the fishery products handled by the association. (Added by Stats. 1953, Ch. 207.)

Last verified: January 10, 2026

Key Terms

association fishery products ownership rights shares bonds

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 13329.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References