California Statutes
§ 9240. — 9240. (Amended by Stats. 1987, Ch. 923, Sec. 1.4.)
California·Code CORP Corporations Code - CORP·Div. 2.·Title 1. DIVISION 2. NONPROFIT CORPORATION LAW·Part 4. PART 4. NONPROFIT RELIGIOUS CORPORATIONS·Ch. 2. CHAPTER 2. Directors and Management·Art. 4. ARTICLE 4. Standards of Conduct
(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.
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California § 9240. (9240. (Amended by Stats. 1987, Ch. 923, Sec. 1.4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1987, Ch. 923, Sec. 1.4. Operative January 1, 1988, by Sec. 103 of Ch. 923.