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California Corporations Code

§ 13326

CORP § 13326Div. 3 · Title 1 · Part 3 · Ch. 6
An association may borrow without limitation as to amount of corporate indebtedness or liability and may make advances to members.

Legislative history

Added by Stats. 1953, Ch. 207.

Source: California Corporations Code § 13326 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.