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HomeCorporations CodeCh. 3Art. 3§ 5330 Membership Rights And Classes

§ 5330 Membership Rights And Classes

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 5330 Membership Rights And Classes

Key Takeaways

  • •A company can create different types of memberships.
  • •Each membership can have its own rules, like special rights or limits.
  • •The company's own rules (articles or bylaws) decide what these memberships can do.

Example

A gym offers different memberships.

One membership might let you use all the equipment, while another might only let you take classes. The gym's rules say what each membership can do.

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

Official Source
View on CA.gov

§ 5330 Membership Rights And Classes

A corporation may issue memberships having different rights, privileges, preferences, restrictions or conditions, as authorized by its articles or bylaws. (Amended by Stats. 1979, Ch. 724.)

Last verified: January 23, 2026

Key Terms

membershipsrightsprivilegespreferencesrestrictionsconditionsarticlesbylaws

Related Statutes

  • § 12421 Equal Membership Rights
  • § 5331 Membership Rights And Equality
  • § 7330 Membership Rights And Classes
  • § 7331 Membership Rights Equality
  • § 9330 Membership Rights And Classes

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 5330.
View Official Source