Corporations Code - CORP
TITLE 1. CORPORATIONS [100 - 14707]
( 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 2. NONPROFIT PUBLIC BENEFIT CORPORATIONS [5110 - 6910]
( Part 2 added by Stats. 1978, Ch. 567. ) CHAPTER 2. Directors and Management [5210 - 5260]
( Chapter 2 added by Stats. 1978, Ch. 567. ) ARTICLE 3. Standards of Conduct [5230 - 5239]
( Article 3 added by Stats. 1978, Ch. 567. ) 5230.
(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.
(Amended by Stats. 1987, Ch. 923, Sec. 1.2. Operative January 1, 1988, by Sec. 103 of Ch. 923.)