BlackletterCalifornia law

Business and Professions Code § 26227.1

ARTICLE 7. Powers

Current as of September 28, 2026Bus. & Prof. Code, § 26227.1Official source ↗

Added by Stats. 2017, Ch. 27, Sec. 107. (SB 94) Effective June 27, 2017.

An association may borrow without limitation as to the amount of corporate indebtedness or liability and may make advances to members.