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Cal. Gov. Code § 54956.97

Meetings

Known as the Ralph M. Brown Act

The act spans §§ 54950–54963 (68 sections).

Added by Stats. 2019, Ch. 442, Sec. 14

Notwithstanding any provision of law, the governing board, or a committee of the governing board, of a public bank, as defined in Section 57600 of the Government Code, may meet in closed session to consider and take action on matters pertaining to all of the following:

(a) A loan or investment decision.

(b) A decision of the internal audit committee, the compliance committee, or the governance committee.

(c) A meeting with a state or federal regulator.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.