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DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 4. Powers of Associations 6500-6558›ARTICLE 1. General Powers 6500-6530

§ 6502.5

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

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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