Section 501B.6. Ownership and transfer of property.  


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  •   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