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California · Through 2026-09-13

CORP § 10403

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Where this section sits in the code
  1. Corporations Code - CORP
  2. TITLE 1. CORPORATIONS [100. - 14707.]
  3. DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]
  4. PART 9. SOCIETIES FOR PREVENTION OF CRUELTY TO ANIMALS [10400. - 10406.]

Every such corporation may take by gift, purchase, devise, or bequest, any property, real or personal, and hold it or dispose thereof at its pleasure; but no such corporation shall hold real property the annual income of which exceeds fifty thousand dollars ($50,000).

Collected 2026-09-14T05:56:33Z. Source file · JSON

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