California Business and Professions Code Section 26227.1

CA Bus & Prof Code § 26227.1 (2017)  

An association may borrow without limitation as to the amount of corporate indebtedness or liability and may make advances to members.

(Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.)

Last modified: October 25, 2018