{"code":"FAC","codeName":"Food and Agricultural Code","section":"54172","citation":"Food & Agr. Code, § 54172","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS [54001. - 57700.]","url":"https://blackletter.si/food-and-agricultural-code/division-20"},{"name":"CHAPTER 1. Nonprofit Cooperative Associations [54001. - 54294.]","url":"https://blackletter.si/food-and-agricultural-code/division-20/chapter-1"},{"name":"ARTICLE 7. Powers [54171. - 54182.]","url":"https://blackletter.si/food-and-agricultural-code/division-20/chapter-1/article-7"}],"history":"Enacted by Stats. 1967, Ch. 15.","effective":null,"html":"<p>An association may borrow without limitation as to amount of corporate indebtedness or liability and may make advances to members.</p>","text":"An association may borrow without limitation as to amount of corporate indebtedness or liability and may make advances to members.","otherVersions":[],"url":"https://blackletter.si/food-and-agricultural-code/powers-54172","source":"California Legislative Information bulk export (pubinfo)"}