Association Unincorporated Document Withdrawal
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FAQ
An unincorporated association is not a legal entity. It is an organisation of two or more persons, who are the members of the association. The membership may change from time to time. The members agree, usually in a written constitution, to co-operate in furthering a common purpose.
Unincorporated Associations Deposit accounts held in the name of an unincorporated association (such as a neighborhood association or a scout troop) engaged in an independent activity are insured as the association's deposits, separately from the personal deposits of the officers or members.
Similarly, an unincorporated association cannot own property (even its own funds): the members must appoint someone, usually a treasurer or committee, who will hold the property as a trustee.
An unincorporated association may be a for- profit or nonprofit group, such as a partnership, social club, charitable group, mutual aid society, homeowners association, labor union, political group, or religious society.