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2018 California Code
Financial Code - FIN
DIVISION 2 - SAVINGS ASSOCIATION LAW
CHAPTER 4 - Powers of Associations
ARTICLE 1 - General Powers
Section 6502.5.
Universal Citation: CA Fin Code § 6502.5 (2018)
6502.5.
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.
(Added by Stats. 1990, Ch. 1118, Sec. 31.)
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