Corporations 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.

Source: Section 14009, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=14009.­ (updated Oct. 4, 2013; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 14009's source at ca​.gov