California Public Utilities Code

§ 3122

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PUC § 3122Div. 1 · Part 4 · Ch. 1 · Art. 7

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. 1987, Ch. 680, Sec. 1.