Corporations Code section 5241

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.

Source: Section 5241, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=5241. (updated Jan. 1, 1979; accessed Jul. 7, 2025).

5240
5241

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Jul. 7, 2025

§ 5241's source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_5241

Original Source: Section 5241, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=5241. (last accessed May 12, 2025).