Statute · California Financial Code

Cal. Fin. Code § 6502.5 — General Powers

Cal. Fin. Code § 6502.5

Type
Statute
Source
California Financial Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

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.

Citator

Cal. Fin. Code § 6502.5 — General Powers is in force in the current edition of the Code, and nothing recorded condemns it.

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.