California Corporations Code CHAPTER 6 - Powers

• Section 13325.
  An association may:Engage in any activity in connection with the marketing, selling, preserving, harvesting, drying, processing, manufacturing, canning, packing, grading, storing, handling, or utilization of...
• Section 13326.
  An association may borrow without limitation as to amount of corporate indebtedness or liability and may make advances to members.(Added by Stats. 1953, Ch. 207.)
• Section 13327.
  An association may act as the agent or representative of any member or members in any of the two next preceding sections.(Added by Stats. 1953,...
• Section 13328.
  An association may establish reserves and invest the funds thereof in bonds or in such other property as may be provided in the by-laws.(Added by...
• Section 13329.
  An association may purchase or otherwise acquire, hold, own, and exercise all rights of ownership in, sell, transfer, pledge, or guarantee the payment of dividends...
• Section 13330.
  An association may buy, hold and exercise all privileges or ownership, over such real or personal property as may be necessary or convenient for the...
• Section 13331.
  An association may levy assessments in the manner and in the amount provided in its by-laws.(Added by Stats. 1953, Ch. 207.)
• Section 13332.
  An association may do each and every thing necessary, suitable or proper for the accomplishment of any one of the purposes or the attainment of...
• Section 13333.
  An association may use or employ any of its facilities for any purpose; provided, the proceeds arising from such use and employment go to reduce...
• Section 13334.
  An association may organize, form, operate, own, control, have an interest in, own stock of, or be a member of any other corporation or corporations,...
• Section 13335.
  Any association may, upon resolution adopted by its board of directors, enter into all necessary and proper contracts and agreements and make all necessary and...

Last modified: October 22, 2018