Section 16234 - Power as to stock or membership in nonprofit corporationWith respect to any shares of stock of a domestic or foreign corporation, any membership in a nonprofit corporation, or any other property, a trustee has the power to do any of the following:
(a) Vote in person, and give proxies to exercise, any voting rights with respect to the shares, memberships, or property.(b) Waive notice of a meeting or give consent to the holding of a meeting.(c) Authorize, ratify, approve, or confirm any action that could be taken by shareholders, members, or property owners.Enacted by Stats. 1990, Ch. 79.