California Corporations Code

§ 18020

CORP § 18020 Effective Jan 1, 2005Title 3 · Part 1 · Ch. 1

Statute text

(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.

Legislative history

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