Association is a group of persons generally unincorporated, organized under some agreement among themselves to act together for a common end. In law these associations are treated as individuals acting jontly and are held to the liabilities of such individuals.
Corporations often use the word association in their official name. This does not affect the character of the corportation.
Unincorporated commercial associations by special statutory provision may, for purposes of bankruptcy, be treated as through they were incorporated.
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