California Business and Professions Code Section 26227.5

CA Bus & Prof Code § 26227.5 (2017)  

An association may buy, hold, and exercise all privileges of ownership over such real or personal property as may be necessary or convenient for the conduct and operation of, or incidental to, the business of the association.

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

Last modified: October 25, 2018