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HomeFood and Agricultural CodeDiv. 20Ch. 1Art. 9§ 54233 Association Membership Rights

§ 54233 Association Membership Rights

Food and Agricultural Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 54233 Association Membership Rights

Key Takeaways

  • •Groups can join or buy shares in other groups.
  • •This is allowed for any type of group.
  • •It helps groups work together or own parts of each other.

Example

A local farmers' group wants to buy shares in a bigger food company.

The law says the farmers' group can do this. They can become part-owners of the bigger company to help sell their food better.

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

Official Source
View on CA.gov

§ 54233 Association Membership Rights

Any association may become a member or stockholder of any other association. (Enacted by Stats. 1967, Ch. 15.)

Last verified: January 23, 2026

Key Terms

stockorganizationassociation

Related Statutes

  • § 54232 Nonstock Association Member Representation
  • § 54234 Membership Certificate Issuance
  • § 54235 Stock Payment And Voting Rights
  • § 54236 Member Stock Ownership Limits
  • § 54237 Shareholder Transfer Restrictions

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Food and Agricultural Code. Section 54233.
View Official Source