Section 26231.2.
26231.2. If the amended articles conform, as provided in Section 26231.1, provisions in the articles of incorporation that appeared in the original articles or some previous amended articles, are ineffective if, and to the extent that, they are inapplicable to, or inconsistent with, this chapter. (Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) […]
Section 26244.
26244. (a) (1) An eligible local jurisdiction may, in the form and manner prescribed by the Governor’s Office of Business and Economic Development, submit an application to the Governor’s Office of Business and Economic Development for a grant to assist with the development of an equity program or to assist local equity applicants and local equity licensees […]
Section 26300.
26300. As used in this chapter, the following definitions apply: (a) “Agreement” means an agreement relating to commercial cannabis authorized under this chapter and entered into between this state and another state or states. (b) “Contracting state” means a state of the United States, including a district, commonwealth, territory, or possession subject to the legislative authority of […]
Section 26246.
26246. (a) To facilitate greater equity in business ownership and employment in the cannabis market, the department shall serve as a point of contact for local equity programs. (b) On or before January 1, 2022, the Governor’s Office of Business and Economic Development shall publish on its internet website local equity ordinances that have been enacted by […]
Section 26301.
26301. (a) The Governor may enter into an agreement with another state or states authorizing medicinal or adult-use commercial cannabis activity, or both, between entities licensed under the laws of the contracting state and entities operating with a state license, provided that both of the following criteria are met: (1) The commercial cannabis activities are lawful and […]
Section 26248.
26248. (a) On or before July 1, 2021, and annually thereafter, the Governor’s Office of Business and Economic Development shall submit a report to the Legislature regarding the progress of local equity programs that have received funding pursuant to Section 26244. (b) The report shall include, but is not limited to, the following information: (1) The local jurisdictions […]
Section 26302.
26302. (a) Notwithstanding any other law, a foreign licensee may engage in commercial cannabis activity with a state licensee and a state licensee may engage in commercial cannabis activity with a foreign licensee, subject to the requirements and limitations set forth in this chapter. (b) A foreign licensee shall not engage in commercial cannabis activity within the […]
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.)
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 […]
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.)