ARTICLE 5. Directors [1170. - 1176.]

Article 5 added by Stats. 2011, Ch. 243, Sec. 3.

§§ 1170–1176 · 7 sections

• § 1170 Any reference in this article to the time a notice is given or sent shall be construed in accordance with Section 118 of the Corporations Code.
• § 1171 The board of a bank or trust company hereafter organized shall consist of not less than 5 nor more than 25 directors, and no bank or trust company shall amend…
• § 1172 The board of each bank and of each trust company shall hold a meeting not less than once each calendar quarter. Regular meetings of the board shall be held…
• § 1173 The commissioner may, in the name of the people of this state, bring or intervene in an action under Section 709 of the Corporations Code to determine the…
• § 1174 (a) The commissioner shall be deemed to be a party in interest within the meaning of Section 306 of the Corporations Code with respect to a bank and may, in…
• § 1175 (a) For purposes of Section 316 of the Corporations Code, to the extent that the making by a bank or by any majority-owned subsidiary of a bank of a…
• § 1176 (a) For purposes of Section 316 of the Corporations Code, the making of a loan or guarantee by a bank or any other extending of credit by a bank contrary to…