Cal. Fin. Code § 14453

Current through the 2023 Legislative Session.
Section 14453 - Management of affairs, funds and records; executive committee

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.

Ca. Fin. Code § 14453

Amended by Stats 2016 ch 353 (AB 2274),s 3, eff. 1/1/2017.
Amended by Stats 2007 ch 148 (AB 1518),s 4, eff. 1/1/2008.