California Laws: Corporations Code Sections 5240-5241
California Laws > Corporations Code
- California Laws: Corporations Code Section 5240
(a) This section applies to all assets held by the corporation for investment. Assets which are directly related to the corporation's public or charitable programs... - California Laws: Corporations Code Section 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...