California · Civil Code

CIV §817.3: Each entity named as a sponsor organization of a workforce housing cooperative trust formed pursuant to Section 817 shall have the legal standing of a member unless it revokes, in writing, its sponsor

What this law says, in plain English

Sponsor organizations of workforce housing cooperative trusts automatically have member legal standing unless they formally revoke it in writing.

Read the full statutory text
Each entity named as a sponsor organization of a workforce housing cooperative trust formed pursuant to Section 817 shall have the legal standing of a member unless it revokes, in writing, its sponsorship.

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