Corporations Code section 9250

(a)

In investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing a corporation’s investments, the board shall meet the standards set forth in Section 9241.

(b)

Compliance with the Uniform Prudent Management of Institutional Funds Act (Part 7 (commencing with Section 18501) of Division 9 of the Probate Code), if that act would be applicable, will be deemed to be compliance with subdivision (a).

Source: Section 9250, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=9250.­ (updated Jan. 1, 2016; accessed Jun. 25, 2025).

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Verified:
Jun. 30, 2025

§ 9250's source at ca​.gov