Cal. FIN § 5701
This is the official text of Cal. FIN § 5701, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory 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.
Status: in_force · Read it on the official government site
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