Section 14452.5.

Cal. Financial Code - FIN § 14452.5.
in effect
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A vacancy on the board of directors shall be filled in accordance with Section 7224 of the Corporations Code, subject to the following: (a) A vacancy that exists due to the expiration of the term of a director shall be filled only by the members of a credit union. (b) If the board of directors elects a director to fill a vacancy, the director so elected shall hold office only until the next annual meeting at which time the members shall elect a director to hold office until the expiration of the term for which elected. (c) If the members elect a director to fill a vacancy, the director so elected shall hold office until the expiration of the term for which elected.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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Cal. Financial Code - FIN § 14452.5. — Section 14452.5 | Financial Code - FIN | Corpus