Whenever the terms “board of directors,” “directors,” or “director” are used in any provision of law, such terms shall mean, with respect to savings banks organized under this division, “board of trustees,” “trustees,” or “trustee.”
Cal. Fin. Code § 5206
General Provisions
Known as the Savings Association Law
The act spans §§ 5000–10009 (387 sections).
Amended by Stats. 1984, Ch. 868, Sec. 3.5.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.