TITLE 1. CORPORATIONS 100-14631›DIVISION 2. NONPROFIT CORPORATION LAW 5000-10841›PART 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS 7110-8910›CHAPTER 2. Directors and Management 7210-7240›ARTICLE 4. Examination by Attorney General 7240-7240

§ 7240

California Corporations Code · 2020-11 edition · updated 2026-10-04 · California

A corporation holding assets in charitable trust is subject at all times to examination by the Attorney General, on behalf of the state, to ascertain to what extent, if at all, it has failed or is failing to comply with trusts it has assumed. In case of any such failure the Attorney General, in the name of the state, may institute against any person or persons the proceedings necessary to correct the failure.

(Amended by Stats. 1979, Ch. 724.)

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California Corporations Code

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