California Corporations Code

§ 5241

CORP § 5241Div. 2 · Title 1 · Part 2 · Ch. 2 · Art. 4

Statute text

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 terms of a trust or agreement regarding the making or retention of investments. Notice of such action or proceeding shall be given to the Attorney General who may intervene.

Legislative history

Amended by Stats. 1979, Ch. 724.