Financial Code section 6153

Directors shall be elected for periods of three years and until their successors are elected and qualified, but provision shall be made for the election of approximately one-third of the board of directors each year.

Source: Section 6153, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=6153. (accessed Jun. 2, 2025).

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Last Updated

May 12, 2025

§ 6153’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_6153

Original Source: Section 6153, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=6153. (last accessed May 12, 2025).