California Corporations Code

§ 18610

CORP § 18610 Effective Jan 1, 2005Title 3 · Part 2 · Ch. 1

Statute text

A member of a nonprofit association is not liable for a contractual obligation of the association unless one of the following conditions is satisfied:

(a)The member expressly assumes personal responsibility for the obligation in a signed writing that specifically identifies the obligation assumed.

(b)The member expressly authorizes or ratifies the specific contract, as evidenced by a writing. This subdivision does not apply if the member authorizes or ratifies a contract solely in the member’s capacity as a director, officer, or agent of the association.

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Legislative history

Added by Stats. 2004, Ch. 178, Sec. 11. Effective January 1, 2005.