Code Section Group

Corporations Code - CORP

TITLE 1. CORPORATIONS [100 - 14631]

  ( Title 1 enacted by Stats. 1947, Ch. 1038. )

DIVISION 2. NONPROFIT CORPORATION LAW [5000 - 10841]

  ( Heading of Division 2 amended by Stats. 1978, Ch. 567. )

PART 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS [7110 - 8910]

  ( Part 3 added by Stats. 1978, Ch. 567. )

CHAPTER 2. Directors and Management [7210 - 7240]

  ( Chapter 2 added by Stats. 1978, Ch. 567. )

ARTICLE 4. Examination by Attorney General [7240- 7240.]
  ( Article 4 added by Stats. 1978, Ch. 567. )

7240.
  

A corporation holding assets in charitable trust is subject at all times to examination by the Attorney General, on behalf of the state, to ascertain to what extent, if at all, it has failed or is failing to comply with trusts it has assumed. In case of any such failure the Attorney General, in the name of the state, may institute against any person or persons the proceedings necessary to correct the failure.

(Amended by Stats. 1979, Ch. 724.)

CORPCorporations Code - CORP4.