ARTICLE 4. Investments [5240. - 5241.]

Article 4 added by Stats. 1978, Ch. 567.

§§ 5240–5241 · 2 sections

• § 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…
• § 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…