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2025 California Code
Financial Code - FIN
DIVISION 2 - SAVINGS ASSOCIATION LAW
CHAPTER 3 - Corporate Administration
ARTICLE 1 - Meetings of Members of Mutual Associations
Section 6003.
Universal Citation:
CA Fin Code § 6003 (2025)
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6003. In the consideration of all questions requiring action by the members of a mutual association, each member shall be entitled to cast one vote for each one hundred dollars ($100), or fraction thereof, of the withdrawal value of his or her savings account or accounts. No member, however, shall be entitled to cast more than 1,000 votes nor shall votes be cumulated for the election of directors.
(Amended by Stats. 1984, Ch. 287, Sec. 14.7. Effective July 6, 1984.)
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