Cal. Fin. Code § 506

Current through the 2023 Legislative Session.
Section 506 - Commissioner calling meeting of stockholders; notice

Whenever he or she deems it expedient, the commissioner may call a meeting of the stockholders of any bank or trust company. Notice of the time and place of the meeting shall be given to each stockholder by a notice mailed to the stockholder by registered mail at the stockholder's last known address at least 15 days before the date of the meeting. Any expenses of such meeting shall be borne by the bank or trust company.

Ca. Fin. Code § 506

Added by Stats 2011 ch 243 (SB 664),s 2, eff. 1/1/2012.