{"code":"FIN","codeName":"Financial Code","section":"6502.5","citation":"Fin. Code, § 6502.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]","url":"https://blackletter.si/financial-code/division-2"},{"name":"CHAPTER 4. Powers of Associations [6500. - 6558.]","url":"https://blackletter.si/financial-code/division-2/chapter-4"},{"name":"ARTICLE 1. General Powers [6500. - 6530.]","url":"https://blackletter.si/financial-code/division-2/chapter-4/article-1"}],"history":"Added by Stats. 1990, Ch. 1118, Sec. 31.","effective":null,"html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/financial-code/general-powers-6502-5","source":"California Legislative Information bulk export (pubinfo)"}