DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 3. Corporate Administration 6000-6477›ARTICLE 4. Directors 6150-6157
§ 6153
California Financial Code · 2018-11 edition · updated 2026-10-04 · California
Directors shall be elected for periods of three years and until their successors are elected and qualified, but provision shall be made for the election of approximately one-third of the board of directors each year.
(Added by Stats. 1983, Ch. 1091, Sec. 2.)
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