Richard Pan
- Democratic
Author
Existing law, the Consumer Cooperative Corporation Law, governs the organization and operation of consumer cooperative corporations. The law specifies the provisions that may be set forth in the articles of incorporation of a consumer cooperative. This bill would include among these provisions authorization for the board of directors to fix the rights, privileges, preferences, restrictions, and conditions attaching to any wholly unissued class of memberships authorized in the bylaws or articles and, if the bylaws or articles authorize a class of memberships to be divisible into series, to any wholly unissued series of a membership class authorized to be divisible into series, and to fix the number of memberships in the series and the designation of the series, as specified. The bill would require any amendment to the bylaws or articles of a consumer cooperative to be approved by the members of a series if the series would be adversely affected by the action, as specified. The bill would also make other conforming changes.
Chaptered by Secretary of State - Chapter 538, Statutes of 2013.
Approved by the Governor.
Enrolled and presented to the Governor at 3:30 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0. Page 2786.).
Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 1993.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 28 pursuant to Assembly Rule 77.
Read second time and amended. Ordered to third reading.
From committee: Do pass as amended. (Ayes 6. Noes 0.) (July 3).
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I.
In committee: Hearing postponed by committee.
In committee: Set, first hearing. Hearing canceled at the request of author.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 72. Noes 0. Page 1446.)
Read third time and amended. Ordered to third reading. (Page 1323.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 12. Noes 0.) (April 29).
In committee: Set, first hearing. Hearing canceled at the request of author.
In committee: Hearing postponed by committee.
From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
Read first time.
From printer. May be heard in committee March 26.
Introduced. To print.
| Bill Text Versions | Format |
|---|---|
| AB1255 | HTML |
| 02/22/13 - Introduced | |
| 03/18/13 - Amended Assembly | |
| 05/09/13 - Amended Assembly | |
| 06/12/13 - Amended Senate | |
| 07/09/13 - Amended Senate | |
| 09/05/13 - Enrolled | |
| 10/04/13 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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