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Earlier editions: 2020-112018-112026-09

TITLE 1. CORPORATIONS 100-14707›DIVISION 2. NONPROFIT CORPORATION LAW 5000-10841›PART 4. NONPROFIT RELIGIOUS CORPORATIONS 9110-9690›CHAPTER 2. Directors and Management 9210-9260›ARTICLE 5. Investments 9250-9251

§ 9250

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

(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).

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

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California Corporations Code

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