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LAW CODE


California Code
CORPORATIONS CODE
SECTION 9250-9251




9250. In investing, reinvesting, purchasing, acquiring, exchanging,
selling, and managing a corporation's investments, the board shall
meet the standards set forth in Section 9241.



9251. Nothing in Section 9250 shall abrogate or restrict the power
of a court in proper cases to direct or permit a corporation to
deviate from the terms of a trust or agreement regarding the making
or retention of investments.


 




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