Cal. Corp. Code § 18630

Current through the 2023 Legislative Session.
Section 18630 - Liability of member or person in control of nonprofit association

Notwithstanding any other provision of this chapter, a member or person in control of a nonprofit association may be subject to liability for a debt, obligation, or liability of the association under common law principles governing alter ego liability of shareholders of a corporation, taking into account the differences between a nonprofit association and a corporation.

Ca. Corp. Code § 18630

Added by Stats 2004 ch 178 (SB 1746),ss 11, 11 eff. 1/1/2005.