Ownership and transfer of property
Known as the Revised Uniform Unincorporated Nonprofit Association Act
The act spans §§ 501–501 (32 sections).
2010 Acts, ch 1112, §6, 33
1. An unincorporated nonprofit association may acquire, hold, encumber, or transfer in its name an interest in real or personal property.
2. An unincorporated nonprofit association may be a beneficiary of a trust or contract, a legatee, or a devisee.
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.