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. (accessed Jun. 2, 2025).

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Last Updated

May 12, 2025

§ 7135’s source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_7135

Original Source: Section 7135, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=7135. (last accessed May 12, 2025).