California · Financial Code
FIN §14454: The directors shall hold a meeting of all directors within 10 days after the annual meeting of members pursuant to Section 14804 for the purpose of electing the officers of the credit union as prescri
What this law says, in plain English
Credit union directors must meet within 10 days after the annual member meeting to elect officers as required by law.
Read the full statutory text
The directors shall hold a meeting of all directors within 10 days after the annual meeting of members pursuant to Section 14804 for the purpose of electing the officers of the credit union as prescribed in Sections 14500 and 14501.
Verify at the official source: California legislative text
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