California CodesBusiness and Professions Code - BPCDivision 10 — CannabisChapter 22 — Cannabis Cooperative AssociationsArticle 7 — PowersSection 26227.5

An association may buy, hold, and exercise all privileges of ownership over such real or personal property as may be necessary or convenient for the conduct and operation of, or incidental to, the business of the association.

Notes

Allows a cannabis cooperative association to buy and hold real or personal property and exercise all privileges of ownership over it when the property is necessary or convenient for operating the association or incidental to its business. Limits the authority by that operational or incidental connection and states no monetary, acreage, timing, or property-type cap.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 26227.5 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-10/chapter-22/article-7/section-26227-5

Disclaimer: Codes available on Lexinter may not reflect the most current laws in your jurisdiction. We make no warranties regarding the accuracy, completeness, or adequacy of the information provided. Always verify the status of any code with your state legislature or official government sources before relying on it for legal purposes.