Statute · California Financial Code

Cal. Fin. Code § 14453 — Directors

Cal. Fin. Code § 14453

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2017-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The board of directors of every credit union shall have the general management of the affairs, funds, and records of the credit union. The board shall meet on a regular basis, not less than quarterly, as reasonably determined by the board. The board may appoint an executive committee of no fewer…

Citator

Cal. Fin. Code § 14453 — Directors is in force in the current edition of the Code, and nothing recorded condemns it.

The board of directors of every credit union shall have the general management of the affairs, funds, and records of the credit union. The board shall meet on a regular basis, not less than quarterly, as reasonably determined by the board. The board may appoint an executive committee of no fewer than three directors, to serve at its pleasure, to act as expressly approved by the board of directors in accordance with the laws and regulations.