§ 5057 Membership Rights In Corporations

• •A 'membership' means the rights a person gets when they join a group (like a club or company).
• •These rights come from the group's rules and the law.
• •The rules are written in the group's special papers (like their 'articles' and 'bylaws').

You join a local sports club.

The club has rules about what you can do as a member, like voting on big decisions or using the club's facilities. These rules are written down in the club's papers, and the law says those rules must be followed.