{"code":"CORP","codeName":"Corporations Code","section":"10403","citation":"Corp. Code, § 10403","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. CORPORATIONS [100. - 14707.]","url":"https://blackletter.si/corporations-code/title-1"},{"name":"DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]","url":"https://blackletter.si/corporations-code/title-1/division-2"},{"name":"PART 9. SOCIETIES FOR PREVENTION OF CRUELTY TO ANIMALS [10400. - 10406.]","url":"https://blackletter.si/corporations-code/title-1/division-2/part-9"}],"history":"Enacted by Stats. 1947, Ch. 1038.","effective":null,"html":"<p>Every such corporation may take by gift, purchase, devise, or bequest, any property, real or personal, and hold it or dispose thereof at its pleasure; but no such corporation shall hold real property the annual income of which exceeds fifty thousand dollars ($50,000).</p>","text":"Every such corporation may take by gift, purchase, devise, or bequest, any property, real or personal, and hold it or dispose thereof at its pleasure; but no such corporation shall hold real property the annual income of which exceeds fifty thousand dollars ($50,000).","otherVersions":[],"url":"https://blackletter.si/corporations-code/societies-for-prevention-of-cruelty-to-animals-10403","source":"California Legislative Information bulk export (pubinfo)"}