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California Code, Corporations Code - CORP § 5351

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A corporation may levy dues, assessments or fees upon its members pursuant to its articles or bylaws, but a member upon learning of them may avoid liability for them by promptly resigning from membership, except where the member is, by contract or otherwise, liable for them. Article or bylaw provisions authorizing such dues, assessments or fees do not, of themselves, create such liability.

Cite this article: - California Code, Corporations Code - CORP § 5351 - last updated January 01, 2023 |

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