The officers and directors of the federal credit union shall be the officers and directors of the credit union after conversion takes effect, to hold office until their successors are elected and qualified.
Cal. Fin. Code § 15351
Conversion of Federal Credit Union
Known as the California Credit Union Law
The act spans §§ 14000–16906 (329 sections).
Added by Stats. 1979, Ch. 112.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.