GroundRules
CORP § 9250
Where this section sits in the code
- Corporations Code - CORP
- TITLE 1. CORPORATIONS [100. - 14707.]
- DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]
- PART 4. NONPROFIT RELIGIOUS CORPORATIONS [9110. - 9690.]
- CHAPTER 2. Directors and Management [9210. - 9260.]
- ARTICLE 5. Investments [9250. - 9251.]
(a) In investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing a corporation’s investments, the board shall meet the standards set forth in Section 9241.
(b) Compliance with the Uniform Prudent Management of Institutional Funds Act (Part 7 (commencing with Section 18501) of Division 9 of the Probate Code), if that act would be applicable, will be deemed to be compliance with subdivision (a).
Collected 2026-09-14T05:56:33Z. Source file · JSON