Section 21101 Of Article 1. Foundations And Trusts From California Education Code >> Division 1. >> Title 1. >> Part 12. >> Chapter 1. >> Article 1.
21101
. The grantor may designate in the grant:
(a) The nature, object, and purposes of the institution to be
founded, endowed, and maintained.
(b) The name by which it shall be known.
(c) The powers and duties of the trustees, and the manner in which
they shall account, and to whom, if accounting is required. Such
powers and duties shall not be exclusive of other powers and duties
which may be necessary to enable the trustees to fully carry out the
objects of the grant.
(d) The mode and manner, and by whom, the successors to the
trustee or trustees named in the grant are to be appointed.
(e) Such rules and regulations for the management of the property
conveyed as the grantor may elect to prescribe. Such rules shall,
unless the grantor otherwise prescribes, be deemed advisory only, and
shall not preclude the trustees from making such changes as new
conditions may from time to time require.
(f) The place where and the time when the buildings necessary and
proper for the institution shall be erected, and the character and
extent thereof.