Statute · California Financial Code

Cal. Fin. Code § 5506 — Petition for Certificate of Authority

Cal. Fin. Code § 5506

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

Within 30 days after the corporate existence of an association begins, the directors of the association shall hold an organization meeting and shall elect officers pursuant to the provisions of this division and the bylaws. At the organization meeting, the directors shall take any other action…

Citator

Cal. Fin. Code § 5506 — Petition for Certificate of Authority is in force in the current edition of the Code, and nothing recorded condemns it.

Within 30 days after the corporate existence of an association begins, the directors of the association shall hold an organization meeting and shall elect officers pursuant to the provisions of this division and the bylaws. At the organization meeting, the directors shall take any other action that is appropriate in connection with the organization of the association. The commissioner may extend by order the time within which the organization meeting shall be held.