{"code":"FIN","codeName":"Financial Code","section":"5701","citation":"Fin. Code, § 5701","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]","url":"https://blackletter.si/financial-code/division-2"},{"name":"CHAPTER 2. Corporate Organization and Corporate Changes [5400. - 5868.]","url":"https://blackletter.si/financial-code/division-2/chapter-2"},{"name":"ARTICLE 6. Conversions [5700. - 5718.]","url":"https://blackletter.si/financial-code/division-2/chapter-2/article-6"}],"history":"Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.","effective":null,"html":"<p>At any regular or special meeting called to consider the conversion of an association into a federal association, in the case of a stock association, the stockholders entitled to vote and any members entitled to vote, by an affirmative majority of the votes cast in person or by proxy; and in the case of a mutual association the members, by action on a proposal approved by the members, may resolve to convert the association into a federal association.</p>","text":"At any regular or special meeting called to consider the conversion of an association into a federal association, in the case of a stock association, the stockholders entitled to vote and any members entitled to vote, by an affirmative majority of the votes cast in person or by proxy; and in the case of a mutual association the members, by action on a proposal approved by the members, may resolve to convert the association into a federal association.","otherVersions":[],"url":"https://blackletter.si/financial-code/conversions-5701","source":"California Legislative Information bulk export (pubinfo)"}