§ 12454 Additional Restrictions Permitted

• •Companies can add their own rules about memberships and money.
• •These extra rules can be in the company's official papers or in a special agreement.
• •The law doesn't stop companies from making these extra rules.

A local grocery store is a cooperative, meaning its customers are also its owners.

The store can make a rule that says you can only sell your membership back to the store if you give them 30 days' notice, even if the law doesn't say anything about a waiting period.