English translation: Financial Situation and legal Form
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Explanation: If this were a company, the term would almost certainly be "situation... sociale" as in the corporate situation.
"morale" appears a bit strange, but I am fairly sure it intends to refer to exactly the same notion: aspects concerning the "legal entity" issues of the association, i.e. offices held by whom, relations with members, location of its head office, etc.
Christopher RH Local time: 01:07 Specializes in field Native speaker of: English PRO pts in category: 164