California Corporations Code

§ 5230

CORP § 5230Div. 2 · Title 1 · Part 2 · Ch. 2 · Art. 3

(a)Any duties and liabilities set forth in this article shall apply without regard to whether a director is compensated by the corporation.

(b)Part 4 (commencing with Section 16000) of Division 9 of the Probate Code does not apply to the directors of any corporation.

Legislative history

Amended by Stats. 1987, Ch. 923, Sec. 1.2. Operative January 1, 1988, by Sec. 103 of Ch. 923.