State Codes and Statutes
Statutes > California > Corp > 9250-9251CORPORATIONS CODE
SECTION 9250-9251
9250. In investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing a corporation's investments, the board shall meet the standards set forth in Section 9241. 9251. Nothing in Section 9250 shall abrogate or restrict the power of a 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.
