(a) A nonprofit association in its name may acquire, hold, encumber or transfer an estate or interest in real or personal property.
(b) A nonprofit association may be a legatee, devisee or beneficiary of a trust or contract.
Del. Code tit. 6, § 1904
Real and personal property; nonprofit association as legatee, devisee or beneficiary
Known as the Delaware Uniform Unincorporated Nonprofit Association Act
The act spans §§ 6–6 (16 sections).
71 Del
Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.