California Statutes
§ 18615. — 18615. (Added by Stats. 2004, Ch. 178, Sec. 11.)
California·Code CORP Corporations Code - CORP·Title 3. TITLE 3. UNINCORPORATED ASSOCIATIONS·Part 2. PART 2. NONPROFIT ASSOCIATIONS·Ch. 1. CHAPTER 1. Liability
A director, officer, or agent of a nonprofit association is not liable for a contractual obligation of the association unless one of the following conditions is satisfied:
(a)The director, officer, or agent expressly assumes responsibility for the obligation in a signed writing that specifically identifies the obligation assumed.
(b)The director, officer, or agent executes the contract without disclosing that the director, officer, or agent is acting on behalf of the association.
(c)The director, officer, or agent executes the contract without authority to execute the contract.
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California § 18615. (18615. (Added by Stats. 2004, Ch. 178, Sec. 11.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2004, Ch. 178, Sec. 11. Effective January 1, 2005.