Civil Code Ownership & Transfers
Transfer in a Stock Cooperative
Chapter 4 · Ownership and Transfer of Interests · Transfer of Separate Interest
Text current as of 2026-07-07 · Last amended by AB 805, eff. 2014-01-01
The code says CIV §4640
In a stock cooperative, any conveyance, judicial sale, or other voluntary or involuntary transfer of the separate interest includes the ownership interest in the corporation, however evidenced. Any conveyance, judicial sale, or other voluntary or involuntary transfer of the owner’s entire estate also includes the owner’s membership interest in the association.
(Added by Stats. 2012, Ch. 180, Sec. 2. (AB 805) Effective January 1, 2013. Operative January 1, 2014, by Sec. 3 of Ch. 180.)
How courts have read this
No case law is mapped to this section yet. As decisions are added, they’ll appear here.