DIVISION 31. HOUSING AND HOME FINANCE 50000-54034›PART 7. SOLAR AND ENERGY CONSERVATION MORTGAGE CORPORATION 53000-53113›CHAPTER 3. Purpose and Organization 53100-53113
§ 53103
California Health and Safety Code · 2018-11 edition · updated 2026-10-04 · California
The board of directors of the corporation shall consist of seven members, selected and appointed as follows:
(a) One member, representing the public interest, for a term of four years, appointed by the Governor.
(b) One member, for a term of four years, appointed by the State Treasurer.
(c) One member, representing the solar energy industry, for a term of three years, appointed by the Secretary of the Business, Transportation and Housing Agency.
(d) Four members, for terms of two years, elected by the stockholders of the corporation.
(Added by Stats. 1981, Ch. 1033.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code