Financial Code section 32332

The corporation shall adopt bylaws, which shall include provisions governing the election of officers; the establishment and functions of committees; eligibility criteria for loan applications and application procedures; procedures for the deposit and sale of government guaranteed securities; and the establishment of loan loss reserves.

Source: Section 32332, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=32332. (accessed May 9, 2025).

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Last Updated

Apr. 24, 2025

§ 32332’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_32332

Original Source: Section 32332, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=32332. (last accessed Apr. 24, 2025).