California · Corporations Code
CORP §5141: Subject to Section 5142: (a) No limitation upon the activities, purposes, or powers of the corporation or upon the powers of the members, officers, or directors, or the manner of exercise of such powe
What this law says, in plain English
This statute removes restrictions on what a corporation can do, its purposes, powers, and how members, officers, or directors exercise those powers, subject to Section 5142.
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