Statute · California Financial Code
Cal. Fin. Code § 6003 — Meetings of Members of Mutual Associations
Cal. Fin. Code § 6003
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1984-07-06
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In the consideration of all questions requiring action by the members of a mutual association, each member shall be entitled to cast one vote for each one hundred dollars ($100), or fraction thereof, of the withdrawal value of his or her savings account or accounts. No member, however, shall be…
Citator
Cal. Fin. Code § 6003 — Meetings of Members of Mutual Associations is in force in the current edition of the Code, and nothing recorded condemns it.
In the consideration of all questions requiring action by the members of a mutual association, each member shall be entitled to cast one vote for each one hundred dollars ($100), or fraction thereof, of the withdrawal value of his or her savings account or accounts. No member, however, shall be entitled to cast more than 1,000 votes nor shall votes be cumulated for the election of directors.