Ca_Law

statute | California

Corporations Code - CORP - CORP § 18020

Summary

(a) “Nonprofit association” means an unincorporated association with a primary common purpose other than to operate a business for profit. (b) A nonprofit association may carry on a business for profit and apply any profit that results from the business activity to any activity i

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  • #1 | Corporations Code - CORP - CORP § 18020

    (a) “Nonprofit association” means an unincorporated association with a primary common purpose other than to operate a business for profit. (b) A nonprofit association may carry on a business for profit and apply any profit that results from the business activity to any activity in which it may lawfully engage.