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Cal. Corp. Code § 7135

Articles of Incorporation

Known as the Nonprofit Mutual Benefit Corporation Law

The act spans §§ 7110–8910 (196 sections).

Added by Stats. 1978, Ch. 567.

Nothing in Section 7130 or 7131 or in any provision of the articles of a mutual benefit corporation shall be construed to limit the equitable power of a court to impress a charitable trust upon any or all of the assets of a mutual benefit corporation or otherwise treat it as a public benefit corporation.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.