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2017 California Code
Civil Code - CIV
DIVISION 4 - GENERAL PROVISIONS
PART 5 - Common Interest Developments
CHAPTER 4 - Ownership and Transfer of Interests
ARTICLE 5 - Transfer of Separate Interest
Section 4640.
Universal Citation: CA Civ Code § 4640 (2017)
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.)
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