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DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 7. Supervision 8009-8254›ARTICLE 6. Conservatorship 8225-8230

§ 8228

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

The directors and officers shall remain in office and the employees shall remain in their respective positions, but the conservator may remove any director, officer, or employee, provided the order of removal of a director or officer shall be approved in writing by the commissioner.

(Added by Stats. 1983, Ch. 1091, Sec. 2.)

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California Financial Code

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