{"data":{"id":"us-ca/corp-10403","jurisdiction":"us-ca","citation":"CORP § 10403","heading":"","body":"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).","path":["Corporations Code - CORP","TITLE 1. CORPORATIONS [100. - 14707.]","DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]","PART 9. SOCIETIES FOR PREVENTION OF CRUELTY TO ANIMALS [10400. - 10406.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"af0c9dabc01f231af50058291b058e271963235b13e89565a966b0957ec51526","source_id":"us-ca","stale":false,"prev":"us-ca/corp-10400","next":"us-ca/corp-10404"},"notice":"GroundRules: Original legal text. Not legal advice."}