Statute · California Corporations Code

Cal. Corp. Code § 7913 — Sales of Assets

Cal. Corp. Code § 7913

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

A corporation holding assets in charitable trust must give written notice to the Attorney General 20 days before it sells, leases, conveys, exchanges, transfers or otherwise disposes of any or all of the assets held in trust unless the Attorney General has given the corporation a written waiver…

Citator

Cal. Corp. Code § 7913 — Sales of Assets is in force in the current edition of the Code, and nothing recorded condemns it.

A corporation holding assets in charitable trust must give written notice to the Attorney General 20 days before it sells, leases, conveys, exchanges, transfers or otherwise disposes of any or all of the assets held in trust unless the Attorney General has given the corporation a written waiver of this section as to the proposed transaction.