Norton Rose Fulbright US, Jeffrey B. Margulies and Kelly Doyle Dahan for Jill R. Horwitz, Nancy A. McLaughlin and the California Association of Nonprofits as Amici Curiae on behalf of Plaintiff and Appellant.
Under Corporations Code sections 5142 and 5233,1 a director of a nonprofit public benefit corporation may "bring an action" to remedy a breach of the charitable trust or recover damages for self-dealing transactions by other directors. (§§ 5142, subd. (a), 5233, subd...
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