Statute · California Corporations Code

Cal. Corp. Code § 18630 — Liability

Cal. Corp. Code § 18630

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2005-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Notwithstanding any other provision of this chapter, a member or person in control of a nonprofit association may be subject to liability for a debt, obligation, or liability of the association under common law principles governing alter ego liability of shareholders of a corporation, taking…

Citator

Cal. Corp. Code § 18630 — Liability is in force in the current edition of the Code, and nothing recorded condemns it.

Notwithstanding any other provision of this chapter, a member or person in control of a nonprofit association may be subject to liability for a debt, obligation, or liability of the association under common law principles governing alter ego liability of shareholders of a corporation, taking into account the differences between a nonprofit association and a corporation.