Ownership and transfer of property.

  1. Law
  2. Iowa Code
  3. BUSINESS ENTITIES
  4. REVISED UNIFORM UNINCORPORATED NONPROFIT ASSOCIATION ACT
  5. Ownership and transfer of property.

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501B.6 Ownership and transfer of property.

1. An unincorporated nonprofit association may acquire, hold, encumber, or transfer in its name an interest in real or personal property.

2. An unincorporated nonprofit association may be a beneficiary of a trust or contract, a legatee, or a devisee.

2010 Acts, ch 1112, §6, 33


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