§ 5241
56 words·~1 min read·
/ca/corporations-code/5241A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.