Health and Safety Code section 53105


In order to expedite the startup of the corporation, the four members representing the stockholders shall initially be appointed by the Secretary of the Business, Transportation and Housing Agency. These members will serve until the first stockholders’ meeting, at which point they will be replaced by elected members.

Source: Section 53105, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=HSC§ionNum=53105.­ (updated Jan. 1, 1981; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 53105's source at ca​.gov