California § 9250. 9250. (Amended by Stats. 2015, Ch. 56, Sec. 2.)

California Statutes

§ 9250. — 9250. (Amended by Stats. 2015, Ch. 56, Sec. 2.)

California § 9250.

JurisdictionCalifornia

Code CORPCorporations 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. 5.ARTICLE 5. Investments

This text of California § 9250. (9250. (Amended by Stats. 2015, Ch. 56, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Corporations Code - CORP Code § 9250. (2026).

Text

(a)In investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing a corporation’s investments, the board shall meet the standards set forth in Section 9241.

(b)Compliance with the Uniform Prudent Management of Institutional Funds Act (Part 7 (commencing with Section 18501) of Division 9 of the Probate Code), if that act would be applicable, will be deemed to be compliance with subdivision (a).

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(a)
In investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing a corporation’s investments, the board shall meet the standards set forth in Section 9241.
(b)
Compliance with the Uniform Prudent Management of Institutional Funds Act (Part 7 (commencing with Section 18501) of Division 9 of the Probate Code), if that act would be applicable, will be deemed to be compliance with subdivision (a).

Legislative History

Amended by Stats. 2015, Ch. 56, Sec. 2. (AB 792) Effective January 1, 2016.

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California § 9250., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/9250..