California Code
DIVISION 10 - Cannabis
CHAPTER 22 - Cannabis Cooperative Associations

ARTICLE 1 - Definitions

Section 26220. - 26220. Unless the context otherwise requires, the definitions in this...

Section 26220.1. - 26220.1. “Association” means any cannabis cooperative that is organized pursuant...

Section 26220.2. - 26220.2. “Member” includes members of associations without capital stock and...

Section 26220.3. - 26220.3. “Cannabis product” includes any cannabis associated with a licensed...

ARTICLE 2 - General Provisions

Section 26222. - 26222. The purpose of this chapter is to do all...

Section 26222.1. - 26222.1. An exemption under law that applies to a cannabis...

Section 26222.2. - 26222.2. A person, firm, corporation, or association, that is hereafter...

Section 26222.3. - 26222.3. An association that is organized pursuant to this chapter...

Section 26222.4. - 26222.4. The marketing contracts and agreements between an association that...

Section 26222.5. - 26222.5. The General Corporation Law (Division 1 (commencing with Section...

Section 26222.6. - 26222.6. (a) Except as provided in subdivision (c), Chapter 7...

ARTICLE 3 - Purposes

Section 26223. - 26223. (a) Three or more natural persons, who are engaged...

ARTICLE 4 - Articles of Incorporation

Section 26224. - 26224. The articles of incorporation of an association shall show...

Section 26224.1. - 26224.1. Articles of incorporation shall be signed, acknowledged, and filed...

Section 26224.2. - 26224.2. The articles of incorporation of any association may be...

ARTICLE 5 - Bylaws

Section 26225. - 26225. Each association shall, within 30 days after its incorporation,...

Section 26225.1. - 26225.1. The bylaws may prescribe the time, place, and manner...

Section 26225.2. - 26225.2. The bylaws may prescribe the number of stockholders, directors,...

Section 26225.3. - 26225.3. The bylaws may prescribe the following: (a) The right...

Section 26225.4. - 26225.4. (a) The bylaws may prescribe the qualifications, compensation, duties,...

Section 26225.5. - 26225.5. The bylaws may prescribe penalties for violations of the...

Section 26225.6. - 26225.6. The bylaws may prescribe the amount of entrance, organization,...

Section 26225.7. - 26225.7. The bylaws may prescribe the amount that each member...

Section 26225.8. - 26225.8. The bylaws may prescribe the amount of dividends, if...

Section 26225.9. - 26225.9. The bylaws may prescribe any of the following: (a)...

Section 26225.95. - 26225.95. (a) The bylaws may prescribe any of the following:...

ARTICLE 6 - Directors and Management

Section 26226. - 26226. The affairs of the association shall be managed by...

Section 26226.1. - 26226.1. The bylaws may provide that the territory in which...

Section 26226.2. - 26226.2. The bylaws may provide that primary elections shall be...

Section 26226.3. - 26226.3. The bylaws may provide that the territory in which...

Section 26226.4. - 26226.4. The bylaws may provide that one or more directors...

Section 26226.5. - 26226.5. The bylaws may provide for an executive committee and...

Section 26226.6. - 26226.6. An association may provide a fair remuneration for the...

Section 26226.7. - 26226.7. If a vacancy on the board of directors occurs,...

Section 26226.8. - 26226.8. (a) The directors shall elect a president, one or...

Section 26226.9. - 26226.9. (a) A member may bring charges against an officer...

ARTICLE 7 - Powers

Section 26227. - 26227. An association may engage in any activity in connection...

Section 26227.1. - 26227.1. An association may borrow without limitation as to the...

Section 26227.2. - 26227.2. An association may act as the agent or representative...

Section 26227.3. - 26227.3. An association may purchase or otherwise acquire, hold, own,...

Section 26227.4. - 26227.4. An association may establish reserves and invest the funds...

Section 26227.5. - 26227.5. An association may buy, hold, and exercise all privileges...

Section 26227.6. - 26227.6. An association may levy assessments in the manner and...

Section 26227.7. - 26227.7. An association may do any of the following anywhere:...

Section 26227.75. - 26227.75. An association may use or employ any of its...

Section 26227.8. - 26227.8. (a) An association may organize, form, operate, own, control,...

Section 26227.9. - 26227.9. (a) Any association may, upon resolution adopted by its...

ARTICLE 8 - Financial Provisions

Section 26228. - 26228. An association is not subject in any manner to...

Section 26228.1. - 26228.1. If an association issues nonpar value stock, the issuance...

Section 26228.2. - 26228.2. If an association with preferred shares of stock purchases...

Section 26228.3. - 26228.3. The board of directors of every association shall cause...

ARTICLE 9 - Members

Section 26229. - 26229. Under the terms and conditions that are prescribed in...

Section 26229.1. - 26229.1. If a member of a nonstock association is other...

Section 26229.2. - 26229.2. Any association may become a member or stockholder of...

Section 26229.3. - 26229.3. If a member of an association that is established...

Section 26229.4. - 26229.4. An association shall not issue a certificate for stock...

Section 26229.5. - 26229.5. An association, in its bylaws, may limit the amount...

Section 26229.6. - 26229.6. The bylaws shall prohibit the transfer of the common...

Section 26229.7. - 26229.7. The association may, at any time, as specified in...

Section 26229.8. - 26229.8. A member or stockholder is not liable for the...

ARTICLE 10 - Marketing Contracts

Section 26230. - 26230. The association and its members may make and execute...

Section 26230.1. - 26230.1. Notwithstanding any provisions of the Civil Code, a contract...

Section 26230.2. - 26230.2. The bylaws or a marketing contract may fix, as...

Section 26230.3. - 26230.3. If there is a breach or threatened breach of...

ARTICLE 11 - Reorganization of Corporations Organized Pursuant to Other Laws

Section 26231. - 26231. A corporation that is organized or existing pursuant to...

Section 26231.1. - 26231.1. Articles of incorporation shall be deemed to conform to...

Section 26231.2. - 26231.2. If the amended articles conform, as provided in Section...