CA Corp Code Section 14009


(a)

Each corporation shall have provisions establishing a grievance procedure for employees, clients, or potential clients, to appeal a decision or obtain redress of an action done by the staff or loan committee of the corporation. The procedures shall be established in writing during the probationary period of a new corporation.

(b)

The bylaws of the corporation shall authorize the removal of officers only by a two-thirds vote of the directors of the corporation.
Last Updated

Aug. 19, 2023

§ 14009’s source at ca​.gov