reglab/housing_qa huggingface dataset:
CA Fin Code § 6002 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 1 - Meetings of Members of Mutual Associations|Section 6002.

6002.  Notice of each annual and special meeting shall be either published once a week for the two successive calendar weeks (in each instance on any day of the week) immediately prior to 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 office of the association is located, or mailed postage prepaid at least 15 days and not more than 45 days prior to the date on which such meeting shall convene to each of its members of record at the last address of the member appearing on the books of the association. Such notice shall state the name of the 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 offices of the association during the 14 days immediately preceding the date on which such meeting shall convene. Notice need not be given to any member who in person or by proxy, in writing, waives notice of such meeting.(Amended by Stats. 1985, Ch. 983, Sec. 2.5. Effective September 26, 1985.)
CA Fin Code § 6003 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 1 - Meetings of Members of Mutual Associations|Section 6003.

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.)
CA Fin Code § 6004 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 1 - Meetings of Members of Mutual Associations|Section 6004.

6004.  (a) In order that the association may determine the members entitled to notice of any meeting or to vote or entitled to receive any distribution or entitled to exercise any rights in respect of any other lawful action, the board of directors of the association may fix, in advance, a record date, which shall not be more than 60 or less than 10 days prior to the date of such meeting or more than 60 days prior to any other action, provided, however, that if the provisions hereof conflict with the provisions of any federal statute or regulation relating to fixing of record dates for associations, the provisions of the federal statute or regulation shall prevail.(b) If no record date is fixed pursuant to subdivision (a) above:(1) The record date for determining members entitled to notice of or to vote at a meeting of members shall be at the close of business on the business day next preceding the day on which notice is given or first published, or if notice is waived, at the close of business on the business day next preceding the date on which the meeting is held.(2) The record date for determining members entitled to give consent to action in writing without a meeting, when no prior action by the board of directors has been taken, shall be the date on which the first written consent is given.(3) The record for determining members for any other purpose shall be at the close of business on the day on which the board adopts the resolution relating thereto, or the 60th day prior to the date of such other action, whichever is later.(c) A determination of members of record entitled to notice of or to vote at a meeting of members shall apply to any adjournment of the meeting unless the board fixes a new record date for the adjourned meeting.(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6005 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 1 - Meetings of Members of Mutual Associations|Section 6005.

6005.  At any meeting of the members, voting may be in person or by proxy, provided that no proxy is eligible to be voted at any meeting unless it has been filed with the secretary of the association, for verification, prior to the meeting. Each proxy shall be in writing and when filed with the secretary, shall, unless otherwise specified in the proxy, continue in force from year to year until revoked by a writing delivered to the secretary or by a subsequent proxy executed by the member executing the prior proxy or as to any meeting by attendance at such meeting and voting in person by the person executing the proxy. A proxy is not revoked by the death or incapacity of the maker unless, before the vote is counted, written notice of such death or incapacity is received by the association. Section 604 of the Corporations Code does not apply to any mutual association.(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6006 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 1 - Meetings of Members of Mutual Associations|Section 6006.

6006.  Any number of members present at a regular or special meeting of the members shall constitute a quorum. A majority of all votes cast at any meeting of members shall determine any question unless this division specifically provides otherwise.(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6050 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 2 - Access to Books and Records; Communication with Stockholders or Members; Derivative Actions|Section 6050.

6050.  (a) The register of stockholders or members, the books of account, and the minutes of an association shall be subject to inspection upon the written demand of any stockholder or member or group of stockholders or members at any reasonable time during usual business hours, for a proper purpose reasonably related to the stockholder’s or member’s interest. The right of inspection is limited to a stockholder, or member, or group of stockholders or members, who hold of record voting shares having a cost of not less than one hundred thousand dollars ($100,000), or who hold of record voting shares constituting not less than 1 percent of the outstanding voting shares, provided in either case, the stockholder, member, or group of stockholders or members, have been holders of record of the voting shares for at least six months before making the written demand. The right of inspection created by this subdivision shall extend to the records of each subsidiary of an association subject to this subdivision and includes the right to make extracts. (b) Notwithstanding the right of inspection granted in subdivision (a), no stockholder, member, or group of stockholders or members, shall have the right to inspect or make extracts of any portion of any register, book, or minutes of an association containing any of the following: (1) A list of depositors in or borrowers from the association. (2) The addresses of depositors or borrowers from the association. (3) Individual deposit or loan balances or records. “Records” for the purposes of this paragraph means confidential facts pertaining to personal financial information about an individual, including, but not limited to, an individual’s credit file and any loan application. (4) Any data from which any of the information described in paragraphs (1) to (3), inclusive, could be reasonably constructed. (c) Each association director shall have the right at any reasonable time to inspect all books, records, documents of every kind, and the physical properties of that association. The inspection may be made in person or by agent or attorney, and the right of inspection includes the right to make extracts. In the case of foreign associations the right of inspection extends only to books, records, documents, and property located in this state. (d) Savings accountholders who are not stockholders, members, or directors of an association shall have no right of inspection under this section.(Amended by Stats. 1991, Ch. 458, Sec. 1.)
CA Fin Code § 6051 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 2 - Access to Books and Records; Communication with Stockholders or Members; Derivative Actions|Section 6051.

6051.  (a) If any member, members, stockholder or stockholders desire to communicate with other members or stockholders of an association about any question pending or to be presented for consideration at a meeting of the members or stockholders, the association shall furnish upon request a statement of the approximate number of members or stockholders of the association at the time of the request, and an estimate of the cost of forwarding the communication. The requesting member, members, stockholder or stockholders shall then submit the communication, together with a sworn statement that the proposed communication is not for any reason other than the business welfare of the association, to the commissioner. If after examination of the facts the commissioner finds it to be appropriate, truthful, and in the best interests of the association and the association’s members or stockholders, the commissioner shall execute a certificate setting out the facts and findings and shall forward the certificate together with the communication to the association and direct that the communication be prepared and mailed by the association to the members or stockholders upon the payment to it by those making the request of the expenses of preparation and mailing.(b) If the commissioner finds the proposed communication to be inappropriate, untruthful, or contrary to the best interests of the association and its members or stockholders, the commissioner may deny or make other disposition of the request to communicate deemed proper and shall execute a certificate setting out facts and findings and deliver it to the party or parties making the request together with an order denying or making other disposition of the request.(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6052 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 2 - Access to Books and Records; Communication with Stockholders or Members; Derivative Actions|Section 6052.

6052.  (a) No action may be instituted or maintained in the right of any association by any savings account holder who is not a stockholder or member of the association.(b) An action may be instituted or maintained in the right of an association by a stockholder or member of that association only if all the following conditions exist:(1) The plaintiff alleges in the complaint that the plaintiff was a registered stockholder or member at the time of the transaction or any part of it, or that the stock or membership devolved upon the plaintiff by operation of law from a holder who was a holder at the time of the transaction or any part of it.(2) The plaintiff alleges in the complaint with particularity the efforts of the plaintiff to secure from the board of directors the desired action and alleges further that the plaintiff has either informed the association or its board of directors in writing of the ultimate facts of each cause of action against each defendant director or delivered to the association or its board of directors a true copy of the complaint which plaintiff proposes to file, and the reasons for the plaintiff’s failure to obtain the desired action or the reasons for not making an effort to secure the desired action from the association.(3) The commissioner has determined, after a hearing upon at least 20 days’ written notice to the association and each of its directors, that the action is proposed in good faith and that there is a reasonable probability that the prosecution of the action will benefit the association and its stockholders or members. (c) Subdivisions (c), (d), (e), and (f) of Section 800 of the Corporations Code apply to any actions under this section.(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6053 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 2 - Access to Books and Records; Communication with Stockholders or Members; Derivative Actions|Section 6053.

6053.  In the case of an association which converts from a mutual association to a stock association, for a period of up to five years from the date of conversion, special meetings of the stockholders of a stock association may be called at any time by the president, or the board of directors, and shall be called by the president, vice president, or secretary upon the written request of stockholders holding of record in the aggregate at least 20 percent of the outstanding shares of the association, which request shall state the purpose of the meeting and shall be delivered at the principal office of the association addressed to the president. The date for any special meeting called by stockholders shall be set by the board of directors and shall be not less than 60 nor more than 90 days after the date of receipt of the request.(Added by Stats. 1984, Ch. 868, Sec. 8.)
CA Fin Code § 6100 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 3 - Financial Statement Publication|Section 6100.

6100.  Each association shall prepare and publish annually within the time prescribed by the commissioner in a newspaper of general circulation in the county in which its home office is located, and shall deliver to each member or stockholder upon request, a statement of its financial condition in the form prescribed or approved by the commissioner.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6150 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 4 - Directors|Section 6150.

6150.  (a) The business of each association shall be directed by a board of directors elected by ballot by a plurality of the votes of the members or stockholders present or voting by proxy.(b) Each director and officer of an association has a legal responsibility and fiduciary duty to administer the affairs of and provide sound management to the association.(c) In the case of an association which converts from a mutual association to a stock association, for a period of up to five years from the date of conversion, cumulative voting shall not be required in the election of directors unless otherwise provided in the association’s articles of incorporation.(Amended by Stats. 1986, Ch. 1158, Sec. 2. Effective September 26, 1986.)
CA Fin Code § 6151 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 4 - Directors|Section 6151.

6151.  No person shall be eligible for election or shall serve as a director or officer of an association who has been convicted of a criminal offense involving dishonesty or a breach of trust.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6152 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 4 - Directors|Section 6152.

6152.  (a) A director shall automatically cease to be a director upon becoming the subject of an order for relief in bankruptcy or upon conviction of a criminal offense involving dishonesty or a breach of trust.(b) In the case of an association which converts from a mutual association to a stock association, for a period of up to five years from the date of the conversion, a director may not otherwise be removed except for cause on the affirmative vote of a majority of the votes of members or stockholders eligible to be cast at a legal meeting.(Amended by Stats. 2009, Ch. 500, Sec. 36. (AB 1059) Effective January 1, 2010.)
CA Fin Code § 6153 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 4 - Directors|Section 6153.

6153.  Directors shall be elected for periods of three years and until their successors are elected and qualified, but provision shall be made for the election of approximately one-third of the board of directors each year.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6154 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 4 - Directors|Section 6154.

6154.  If the members or stockholders fail to elect a director to fill each vacancy created by an increase in the number of directors, the current directors may fill the vacancy by electing a director to serve until the next annual meeting of the members or stockholders at which time a director shall be elected to fill the vacancy for the unexpired term for the class of directors in which the vacancy exists.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6155 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 4 - Directors|Section 6155.

6155.  Whenever the number of directors is changed and vacancies caused by the change are filled, the directors so elected shall be elected to terms in accordance with the provisions of Section 6153.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6156 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 4 - Directors|Section 6156.

6156.  (a) Any vacancy among directors, not filled by the members or stockholders, may be filled by a majority vote of the remaining directors, though less than a quorum, by electing a director to serve until the next annual meeting of the members or stockholders, at which time a director shall be elected to fill the vacancy for the unexpired term for the class of director in which the vacancy exists.(b) In the event of a vacancy on the board of directors from any cause, the remaining directors shall have full power and authority to continue direction of the association until the vacancy is filled.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6157 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 4 - Directors|Section 6157.

6157.  Every savings association subject to the new director or senior executive officer notice requirements of Section 32 of the Federal Deposit Insurance Act (12 U.S.C. Sec. 1831i) based upon recent chartering or change of control or failure to maintain the minimum required capital or otherwise troubled condition shall provide the commissioner, at the same time the notice is submitted to the appropriate federal agency, with a copy of the notification submitted in compliance with that requirement.(Added by Stats. 1990, Ch. 1118, Sec. 29.)
CA Fin Code § 6200 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 5 - Indemnity Bonds|Section 6200.

6200.  Except as provided in subdivision (b) of Section 6203, all directors, officers, and employees of an association shall, before entering upon the performance of any of their duties, execute their individual bonds with adequate corporate surety payable to the association as an indemnity for any loss the association may sustain of money or other property by or through any fraud, dishonesty, forgery or alteration, larceny, theft, embezzlement, robbery, burglary, hold-up, wrongful or unlawful abstraction, misapplication, misplacement, destruction or misappropriation, or any other dishonest or criminal act or omission by the director, officer, or employee.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6201 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 5 - Indemnity Bonds|Section 6201.

6201.  Associations that employ collection agents, who for any reason are not covered by a bond required under Section 6200, shall provide for the bonding of each of those agents in an amount equal to at least twice the average monthly collection of the agent. The agents shall be required to make settlement with the association at least monthly.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6202 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 5 - Indemnity Bonds|Section 6202.

6202.  No indemnity bond coverage is required of any agent that is a financial institution insured by the Federal Deposit Insurance Corporation.(Amended by Stats. 1990, Ch. 1118, Sec. 30.)
CA Fin Code § 6203 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 5 - Indemnity Bonds|Section 6203.

6203.  (a) The amounts and form of indemnity bonds and sufficiency of the surety shall be approved by the board of directors and by the commissioner.(b) In lieu of individual bonds, a blanket bond, protecting the association from loss through any act or acts of any director, officer, employee or agent, may be obtained.(c) A true copy of every indemnity bond shall be on file at all times at the association’s home office.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6204 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 5 - Indemnity Bonds|Section 6204.

6204.  Indemnity bonds shall provide that their cancellation either by the surety or by the insured shall not become effective unless and until 10 days’ notice in writing first shall have been given to the commissioner, unless the cancellation is approved earlier by the commissioner.(Added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6450 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 6 - Records|Section 6450.

6450.  Each association shall keep correct and complete books and records of accounts, as specified in Section 1500 of the Corporations Code.(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6451 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 6 - Records|Section 6451.

6451.  (a) Except as provided in subdivision (b), each agency of an association, as defined in Section 6551, shall keep an original record of each transaction of business completed on behalf of the association at the agency.(b) Records of transactions are not required to be maintained at the agency if they are maintained at the association’s home office or branch office.(Amended by Stats. 1989, Ch. 868, Sec. 4. Effective September 26, 1989.)
CA Fin Code § 6452 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 6 - Records|Section 6452.

6452.  Each association shall observe generally accepted accounting principles and practices except to the extent that the commissioner may require or permit different accounting treatment of accounts by regulation.(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
CA Fin Code § 6453 (2021)
2021 California Code|Financial Code - FIN|DIVISION 2 - SAVINGS ASSOCIATION LAW|CHAPTER 3 - Corporate Administration|ARTICLE 6 - Records|Section 6453.

6453.  Each association shall close its books at the close of business at least annually, or more often if authorized or required in writing by the commissioner.(Amended by Stats. 1986, Ch. 361, Sec. 8.)