The board of directors of each licensee shall consist of not less than five directors.
Cal. Fin. Code § 31210
Board of Directors
Known as the Business and Industrial Development Corporations Law
The act spans §§ 31000–31952 (132 sections).
Amended by Stats. 1987, Ch. 867, Sec. 14.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.