Ca_Law

statute | California

Corporations Code - CORP - CORP § 9240

  • UIDca_leginfo_codes:corp-9240
  • CitationCorporations Code - CORP - CORP § 9240
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

(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 dire

Text

(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.

Retrieval chunks

  • #1 | Corporations Code - CORP - CORP § 9240

    (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 deter…