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California · Through 2026-09-13

CORP § 5241

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Where this section sits in the code
  1. Corporations Code - CORP
  2. TITLE 1. CORPORATIONS [100. - 14707.]
  3. DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]
  4. PART 2. NONPROFIT PUBLIC BENEFIT CORPORATIONS [5110. - 6910.]
  5. CHAPTER 2. Directors and Management [5210. - 5260.]
  6. ARTICLE 4. Investments [5240. - 5241.]

Nothing in Section 5240 shall abrogate or restrict the power of the appropriate court in proper cases to direct or permit a corporation to deviate from the terms of a trust or agreement regarding the making or retention of investments. Notice of such action or proceeding shall be given to the Attorney General who may intervene.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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