“Shareholder” means:
(a)
When used with respect to a California state savings association that is authorized to issue guarantee stock, a holder of record of a share of guarantee stock.(b)
When used with respect to a federal savings association that is authorized to issue capital stock, a holder of record of a share of capital stock.
Source:
Section 4805.16, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=4805.16..