Cal. Fin. Code § 14822

Current through the 2023 Legislative Session.
Section 14822 - Voting by proxy on matters submitted by mail to members

Notwithstanding any other provision to the contrary, no member shall vote by proxy on any matter submitted by mail to all members of a credit union in a written ballot pursuant to Chapter 5 (commencing with Section 7510) of Part 3 of Division 2 of Title 1 of the Corporations Code, and the powers of any previously issued or outstanding valid, revocable proxy are suspended when any matter is submitted by mail to all members in a written ballot pursuant to Chapter 5 (commencing with Section 7510) of Part 3 of Division 2 of Title 1 of the Corporations Code.

Ca. Fin. Code § 14822

Added by Stats. 1984, Ch. 209, Sec. 7.