{"data":{"id":"us-ca/corp-9250","jurisdiction":"us-ca","citation":"CORP § 9250","heading":"","body":"(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.\n(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).","path":["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.]"],"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":"1fa7722d76e75dc617c84364c9f8579a3218b7c396adb07a2104c0106ad1a761","source_id":"us-ca","stale":false,"prev":"us-ca/corp-9247","next":"us-ca/corp-9251"},"notice":"GroundRules: Original legal text. Not legal advice."}