§ 104.606. Meetings of Members of Mutual Foreign Savings Associations.

Notice of each and every meeting of members of a foreign savings association which is a mutual association shall be either published once a week for two consecutive calendar weeks (in each instance on any day of the week) commencing no later than the fourth calendar week immediately preceding the week in which such meeting shall convene, in a newspaper printed in the English language and of general circulation in the city or county in which the principal California office of the foreign savings association is located, or mailed postage prepaid at least 30 days and not more than 60 days prior to the date on which such meeting shall convene to each of its members of record which have addresses on the books of the foreign savings association in the State of California. Such notice shall state the name of the foreign savings association, the place of the meeting, the time when it shall convene, and, in the case of a special meeting, the purpose or purposes for which the meeting is called. A similar notice shall be posted in a conspicuous place in each of the California offices of the foreign savings association during the 30 days immediately preceding the date on which such meeting shall convene. Notice need not be given to any member who in person or in writing waives notice of such meeting.

HISTORY

1. New section filed 7-1-87; operative 7-1-87 pursuant to Government Code Section 11346.2(d) (Register 87, No. 28).

Note

Note: Authority cited: Sections 8053 and 10012, Financial Code. Reference: Sections 6002 and 10012, Financial Code.