§ 6502.5
43 words·~1 min read·
/ca/financial-code/6502-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An association may, acquire, hold, sell, develop, subdivide, dispose of, and convey real and personal property consistent with its objects and powers. It may mortgage, pledge, or lease any real or personal property and may take the property by gift, devise, or bequest.