Del. Code Ann. tit. 6, § 1904
Real and personal property; nonprofit association as legatee, devisee or beneficiary
71 Del. Laws, c. 79, § 1;
- (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.