California Corporations Code

§ 18120

CORP § 18120 Effective Jan 1, 2005Title 3 · Part 1 · Ch. 3

Statute text

(a)An unincorporated association may record in a county in which it has an interest in real property a verified and acknowledged statement of authority stating the name of the association, and the names, title, or capacity of its officers and other persons who are authorized on its behalf to acquire, transfer, or encumber real property. For the purposes of this section, “statement of authority” includes a certified copy of a statement recorded in another county.

(b)An unincorporated association may revoke a statement of authority by recording either of the following documents in the county in which the statement of authority is recorded:

(1)A new statement of authority that satisfies the requirements of subdivision (a). The new statement supersedes the revoked statement.

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Legislative history

Added by Stats. 2004, Ch. 178, Sec. 10. Effective January 1, 2005.