§ 5312 Membership Holding Restrictions

Corporations Code·California

AI SummaryVerified

Key Takeaways

•You can only have one membership at a time.
•You can't have a partial membership, like half or a quarter.
•If the rules allow, a group of people can share one membership together.
•If there are different types of memberships, you can join more than one type if the rules say it's okay.

Example

A family wants to join a local club together.

The club's rules say families can share one membership. So, the whole family can join as one group instead of each person needing their own membership.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 5312 Membership Holding Restrictions

No person may hold more than one membership, and no fractional memberships may be held, provided, however, that: (a) Two or more persons may have an indivisible interest in a single membership when authorized by, and in such manner or under the circumstances prescribed by, the articles or bylaws subject to Section 5612; and (b) If the articles or bylaws provide for classes of membership and if the articles or bylaws permit a person to be a member of more than one class, a person may hold a membership in one or more classes. (Amended by Stats. 1979, Ch. 724.)

Last verified: January 23, 2026

Key Terms

membership fractional memberships indivisible interest classes of membership

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 5312.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References