reglab/housing_qa huggingface dataset:
CA Bus & Prof Code § 26225.95 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 5 - Bylaws|Section 26225.95.

26225.95.  (a) The bylaws may prescribe any of the following:(1) The manner of determining the value of a member’s interest and provision for its purchase by the association upon the death or withdrawal of a member or upon the expulsion of a member or forfeiture of his or her membership, or at the option of the association, the purchase at a price fixed by conclusive appraisal by the board of directors.(2) The conditions and terms for the repurchase by the association from its stockholders of their stock upon their disqualification as stockholders.(b) If a member is expelled and the bylaws do not provide any procedure or penalty for expulsion, the board of directors shall equitably and conclusively appraise his or her property interest in the association and shall fix the amount of his or her property interest in money, which shall be paid to him or her within one year after such expulsion.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.

26226.  The affairs of the association shall be managed by a board of not less than three directors who are elected by the members or stockholders.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226.1 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.1.

26226.1.  The bylaws may provide that the territory in which the association has members shall be divided into districts and that directors shall be elected from the several districts. If the bylaws divides the territory into districts for the election of directors, the bylaws shall specify the number of directors to be elected by each district and the manner and method of reapportioning the directors and of redistricting the territory covered by the association.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226.2 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.2.

26226.2.  The bylaws may provide that primary elections shall be held to nominate directors. If the bylaws provide that the territory in which the association has members shall be divided into districts, the bylaws may also provide that the results of the primary elections in the various districts shall be final and shall be ratified at the annual meeting of the association.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226.3 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.3.

26226.3.  The bylaws may provide that the territory in which the association has members shall be divided into districts, and that the directors shall be elected by representatives or advisers, who themselves have been elected by the members or stockholders from the several territorial districts. If the bylaws divide the territory into districts for the election of representatives or advisers who elect the directors, the bylaws shall specify the number of representatives or advisers to be elected by each district and the manner and method of reapportioning the representatives or advisers and of redistricting the territory that is covered by the association.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226.4 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.4.

26226.4.  The bylaws may provide that one or more directors may be chosen by a public official or commission or by the other directors selected by the members. The director shall represent primarily the interest of the general public in the association. The director shall have the same powers and rights as other directors. These directors shall not number more than one-fifth of the entire number of directors.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226.5 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.5.

26226.5.  The bylaws may provide for an executive committee and may allot to the committee all the functions and powers of the board of directors, subject to the general direction and control of the board.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226.6 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.6.

26226.6.  An association may provide a fair remuneration for the time that is actually spent by its officers and directors in its service and for the service of the members of its executive committee.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226.7 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.7.

26226.7.  If a vacancy on the board of directors occurs, except by expiration of term, the remaining members of the board, by a majority vote, shall fill the vacancy, unless the bylaws provide for an election of directors by districts. If the bylaws provide for an election of directors by districts, the vacancy shall be filled either by the election of a director from the district in which the vacancy occurs or by the board of directors calling a special meeting of the members or stockholders in that district to fill the vacancy.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226.8 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.8.

26226.8.  (a) The directors shall elect a president, one or more vice presidents, a secretary, a treasurer, and such other officers as may be prescribed by the bylaws. Any two or more offices, except those of president and secretary, may be held by the same person.(b) The treasurer may be a bank or a depository and, as such, shall not be considered as an officer, but as a function of the board of directors. In such case, the secretary shall perform the usual accounting duties of the treasurer, except that the funds shall be deposited only as and where authorized by the board of directors.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26226.9 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 6 - Directors and Management|Section 26226.9.

26226.9.  (a) A member may bring charges against an officer or director by filing them in writing with the secretary of the association, together with a petition that is signed by 5 percent of the members, which requests the removal of the officer or director in question. The removal shall be voted upon at the next regular or special meeting of the association and, by a vote of a majority of the members, the association may remove the officer or director and fill the vacancy. The director or officer, against whom the charges have been brought, shall be informed in writing of the charges previous to the meeting and shall have an opportunity at the meeting to be heard in person or by counsel and to present witnesses. The person bringing the charges against him or her shall have the same opportunity.(b) If the bylaws provide for election of directors by districts with primary elections in each district, the petition for removal of a director shall be signed by 20 percent of the members that reside in the district from which the director was elected. The board of directors shall call a special meeting of the members who reside in that district to consider the removal of the director. By a vote of the majority of the members of that district at the special meeting, the director in question shall be removed from office.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.

26227.  An association may engage in any activity in connection with the growing, harvesting, curing, drying, trimming, packing, grading, storing, or handling of any cannabis product that is produced or delivered to it by its members; or any activity in connection with the purchase, hiring, or use by its members of supplies, machinery, or equipment, or in the financing of any such activities; or in any one or more of the activities that are specified in this section with a valid license.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.1 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.1.

26227.1.  An association may borrow without limitation as to the amount of corporate indebtedness or liability and may make advances to members.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.2 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.2.

26227.2.  An association may act as the agent or representative of any member or members in any of the activities specified in Section 26226.2 or 26226.3.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.3 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.3.

26227.3.  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 an association that is engaged in any related activity or in the growing, harvesting, curing, drying, trimming, packing, grading, storing, or handling of a cannabis product that is handled by the association.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.4 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.4.

26227.4.  An association may establish reserves and invest the funds of the reserves in bonds or in other property as may be provided in the bylaws.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.5 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.5.

26227.5.  An association may buy, hold, and exercise all privileges of ownership over such real or personal property as may be necessary or convenient for the conduct and operation of, or incidental to, the business of the association.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.6 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.6.

26227.6.  An association may levy assessments in the manner and in the amount as may be provided in its bylaws.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.7 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.7.

26227.7.  An association may do any of the following anywhere:(a) That which is what is necessary, suitable, or proper for the accomplishment of a purpose, or the attainment of an object, that is enumerated in this article.(b) That which is conducive to, or expedient for, the interest or benefit of the association.(c) Contract accordingly.(d) Exercise and possess all powers, rights, and privileges that are necessary or incidental to the purposes for which the association is organized or to the activities in which it is engaged.(e) Exercise any other rights, powers, and privileges that are granted by the laws of this state to ordinary corporations, except such as are inconsistent with the express provisions of this chapter.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.75 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.75.

26227.75.  An association may use or employ any of its facilities for any purpose, provided the proceeds that arise from such use and employment shall go to reduce the cost of operation for its members. The cannabis products that are handled for, or the services, machinery, equipment, or supplies or facilities that are furnished to, nonmembers shall not, however, exceed in value the cannabis products that are handled for, or the services, merchandise, or facilities that are supplied to, members during the same period.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.8 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.8.

26227.8.  (a) An association may organize, form, operate, own, control, have an interest in, own stock of, or be a member of any other association, with or without capital stock, that is engaged in growing, harvesting, curing, drying, trimming, packing, grading, storing, or handling of any cannabis product that is handled by the association, or the byproducts of the cannabis product.(b) Any two or more associations that are organized pursuant to this section may be merged into one constituent association or consolidated into a new association. The merger or consolidation shall be made in the manner that is prescribed by the general laws of the state that cover domestic corporations.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26227.9 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 7 - Powers|Section 26227.9.

26227.9.  (a) Any association may, upon resolution adopted by its board of directors, enter into all necessary and proper contracts and agreements and make all necessary and proper stipulations and arrangements with another cannabis cooperative or association that is formed in this state for the cannabis cooperative and more economical carrying on of its business or any part of its business.(b) Any two or more associations may, by agreement between them, unite in employing and using, or may separately employ and use, the same personnel, methods, means, and agencies for carrying on and conducting their respective business.(Amended by Stats. 2017, Ch. 253, Sec. 12. (AB 133) Effective September 16, 2017.)
CA Bus & Prof Code § 26228 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 8 - Financial Provisions|Section 26228.

26228.  An association is not subject in any manner to the terms of the Corporate Securities Law (Division 1 (commencing with Section 25000) of Title 4 of the Corporations Code), and any association may issue its membership certificates or stock or other securities as provided in this chapter without the necessity of any qualification under that law.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26228.1 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 8 - Financial Provisions|Section 26228.1.

26228.1.  If an association issues nonpar value stock, the issuance of the stock shall be governed by the terms of all general laws that cover the issuance of nonpar value stock in domestic corporations.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26228.2 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 8 - Financial Provisions|Section 26228.2.

26228.2.  If an association with preferred shares of stock purchases the stock or any property, or any interest in any property of any person, it may discharge the obligations that are so incurred, wholly or in part, by exchanging for the acquired interest, shares of its preferred stock to an amount that at par value would equal the fair market value of the stock or interest so purchased, as determined by the board of directors. In that case, the transfer to the association of the stock or interest that is purchased is equivalent to payment in cash for the shares of stock that are issued.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26228.3 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 8 - Financial Provisions|Section 26228.3.

26228.3.  The board of directors of every association shall cause to be sent to the members of the association not later than 120 days after the close of the fiscal or calendar year an annual report of the operations of the association, unless the report is expressly dispensed with in the bylaws. If required by the bylaws, interim reports of the operations of the association for the three-month, six-month, or nine-month periods of the current fiscal year of the association shall be furnished to the members of the association. Such annual report and any such interim reports shall include a balance sheet as of such closing date. Such financial statement shall be prepared from, and be in accordance with, the books. It shall be prepared in a form that is sanctioned by sound accounting practice for the association or approved by a duly certified public accountant or a public accountant.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26229 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 9 - Members|Section 26229.

26229.  Under the terms and conditions that are prescribed in the bylaws adopted by it, an association may admit as members or issue common stock only to persons engaged in the cultivation of a cannabis product that is to be handled by or through the association.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26229.1 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 9 - Members|Section 26229.1.

26229.1.  If a member of a nonstock association is other than a natural person, the member may be represented by any individual, associate, officer, or manager or member of it, who is duly authorized in writing.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26229.2 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 9 - Members|Section 26229.2.

26229.2.  Any association may become a member or stockholder of any other association.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26229.3 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 9 - Members|Section 26229.3.

26229.3.  If a member of an association that is established without shares of stock has paid his membership fee in full, he or she shall receive a certificate of membership.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26229.4 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 9 - Members|Section 26229.4.

26229.4.  An association shall not issue a certificate for stock to a member until it has been fully paid for. The promissory notes of the members may be accepted by the association as full or partial payment. The association shall hold the stock as security for the payment of the note, but the retention as security does not affect the member’s right to vote.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26229.5 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 9 - Members|Section 26229.5.

26229.5.  An association, in its bylaws, may limit the amount of common stock that any member may own.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26229.6 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 9 - Members|Section 26229.6.

26229.6.  The bylaws shall prohibit the transfer of the common stock or membership certificates of the associations to a person that is not qualified to be a shareholder or member as specified in this chapter. These restrictions shall be printed upon every certificate of stock or membership that is subject to them.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26229.7 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 9 - Members|Section 26229.7.

26229.7.  The association may, at any time, as specified in the bylaws, except when the debts of the association exceed 50 percent of its assets, buy in or purchase its common stock at the book value of the common stock, as conclusively determined by the board of directors, and pay for it in cash within one year thereafter.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)
CA Bus & Prof Code § 26229.8 (2021)
2021 California Code|Business and Professions Code - BPC|DIVISION 10 - Cannabis|CHAPTER 22 - Cannabis Cooperative Associations|ARTICLE 9 - Members|Section 26229.8.

26229.8.  A member or stockholder is not liable for the debts of the association to an amount that exceeds the sum that remains unpaid on his membership fee or his subscription to the capital stock, including any unpaid balance on any promissory note that is given in payment of the membership fee or the subscription to the capital stock.(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)