California Corporations Code

§ 7142

CORP § 7142Div. 2 · Title 1 · Part 3 · Ch. 1 · Art. 4

Statute text

(a)Notwithstanding Section 7141, in the case of a corporation holding assets in charitable trust, any of the following may bring an action to enjoin, correct, obtain damages for or to otherwise remedy a breach of the charitable trust:

(1)The corporation, or a member in the name of the corporation pursuant to Section 7710.

(2)An officer of the corporation.

…

Legislative history

Amended by Stats. 1979, Ch. 724.