184.04 Real and personal property; nonprofit association as legatee or beneficiary.

184.04

184.04 Real and personal property; nonprofit association as legatee or beneficiary.

184.04(1)

(1) A nonprofit association in its name may acquire, hold, encumber or transfer an estate or interest in real or personal property.

184.04(2)

(2) A nonprofit association may be a legatee or beneficiary of a trust or contract.

184.04 - ANNOT.

History: 1997 a. 140.