Cal. Corp. Code § 5820

Current through the 2023 Legislative Session.
Section 5820 - Effect of amendment; attorney general rulings
(a) Amendment of the articles of a corporation, pursuant to this chapter, does not, of itself, abrogate any requirement or limitation imposed upon the corporation, or any property held by it, by virtue of the trust under which such property is held by the corporation.
(b) The Attorney General may, at the corporation's request, and pursuant to such regulations as the Attorney General may issue, give rulings as to whether the Attorney General will or may oppose a proposed action, or article amendment, as inconsistent with or proscribed by the requirements of a charitable trust.

Ca. Corp. Code § 5820

Added by Stats. 1978, Ch. 567.