Benefits. Unincorporated associations will frequently incorporate to acquire the protections offered by corporate status. It also gives them access to provision of the Corporations Code to fill any gaps that may exist in the bylaws. And, incorporation makes it easier for an association to borrow money for major repairs.
Articles of Incorporation (i) identify the corporation as an association formed to manage a common interest development under the Davis-Stirling Common Interest Development Act, (ii) state the business or corporate office of the association, and (iii) state the name and address of the association's managing agent, if any.
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