Real and personal property - nonprofit association as legatee, devisee, or beneficiary.

  1. Law
  2. Colorado Revised Statutes
  3. Corporations And Associations
  4. Uniform Unincorporated Nonprofit Association Act
  5. Real and personal property - nonprofit association as legatee, devisee, or beneficiary.

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(1) A nonprofit association in its name may acquire, hold, encumber, or transfer an estate or interest in real or personal property.

(2) A nonprofit association may be a legatee, devisee, or beneficiary of a trust or contract.

Source: L. 94: Entire article added, p. 1272, § 1, effective May 22.


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