Corporations Code section 7135

Nothing in Section 7130 or 7131 or in any provision of the articles of a mutual benefit corporation shall be construed to limit the equitable power of a court to impress a charitable trust upon any or all of the assets of a mutual benefit corporation or otherwise treat it as a public benefit corporation.

Source: Section 7135, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=7135.­ (updated Jan. 1, 1978; accessed Jun. 25, 2025).

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Verified:
Jun. 30, 2025

§ 7135's source at ca​.gov