Statute · California Financial Code

Cal. Fin. Code § 32321 — Board of Directors

Cal. Fin. Code § 32321

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2004-03-17
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) The official members of the board shall be:

Citator

Cal. Fin. Code § 32321 — Board of Directors is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The official members of the board shall be:

(1) A member of the Governor’s cabinet, or his or her designee.

(2) One member of the Energy Commission, selected and appointed by the members of the Energy Commission.

(b) The public members of the board shall be:

(1) One member selected and appointed by the Senate Rules Committee.

(2) One member selected and appointed by the Speaker of the Assembly.

(3) Two members selected and appointed by the Governor as follows:

(A) One member with a minimum three years’ experience as an owner, partner, officer, or employee of a California-based small business.

(B) One member with a minimum three years’ experience as an officer or employee of a financial institution.