GroundRules
← Search the law
California · Through 2026-09-13

FIN § 133

Read at publisher ↗
Where this section sits in the code
  1. Financial Code - FIN
  2. DIVISION 1. FINANCIAL INSTITUTIONS [99. - 900.]
  3. CHAPTER 1. Definitions [99. - 217.]

If the articles of a bank provide for more or less than one vote for any share on any matter, the references in Sections 139 and 141 to a majority or other proportion of shares means, as to such matter, a majority or other proportion of the votes entitled to be cast. Whenever, under Division 1 (commencing with Section 100), Title 1 of the Corporations Code, this division, or Division 1.1 (commencing with Section 1000), shares are disqualified from voting on any matter, they shall not be considered outstanding for the determination of a quorum at any meeting to act upon, or the required vote to approve action upon, such matter under any provision of Division 1 (commencing with Section 100), Title 1 of the Corporations Code, of this division, Division 1.1 (commencing with Section 1000), or of the articles or bylaws.

Collected 2026-09-14T05:56:33Z. Source file · JSON

Browse this collection