§ 9240
80 words·~1 min read·
/ca/corporations-code/9240A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Any duties and liabilities set forth in this article shall apply without regard to whether a director is compensated by the corporation.
(b)Part 4 (commencing with Section 16000) of Division 9 of the Probate Code does not apply to the directors of any corporation.
(c)A director, in making a good faith determination, may consider what the director believes to be:
(1)The religious purposes of the corporation; and
(2)Applicable religious tenets, canons, laws, policies, and authority.