{"data":{"id":"us-ca/corp-7238","jurisdiction":"us-ca","citation":"CORP § 7238","heading":"","body":"Where a corporation holds assets in charitable trust, the conduct of its directors or of any person performing functions similar to those performed by a director, shall, in respect to the assets held in charitable trust, be governed by the standards of conduct set forth in Article 3 (commencing with Section 5230) of Chapter 2 of Part 2 for directors of nonprofit public benefit corporations. This does not limit any additional requirements which may be specifically set forth in this part regarding corporations holding assets in charitable trust.","path":["Corporations Code - CORP","TITLE 1. CORPORATIONS [100. - 14707.]","DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]","PART 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS [7110. - 8910.]","CHAPTER 2. Directors and Management [7210. - 7240.]","ARTICLE 3. Standards of Conduct [7230. - 7238.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"f74577571e5b202da61b1306ec1ce9a19e8e262eb20f4f26e212cd4ff601e841","source_id":"us-ca","stale":false,"prev":"us-ca/corp-7237","next":"us-ca/corp-7240"},"notice":"GroundRules: Original legal text. Not legal advice."}