{"data":{"id":"us-ca/fin-14452.5","jurisdiction":"us-ca","citation":"FIN § 14452.5","heading":"","body":"A vacancy on the board of directors shall be filled in accordance with Section 7224 of the Corporations Code, subject to the following:\n(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.\n(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.\n(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.","path":["Financial Code - FIN","DIVISION 5. CREDIT UNIONS [14000. - 16906.]","CHAPTER 4. Management and Operations [14400. - 14768.]","ARTICLE 2. Directors [14450. - 14456.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"08721e957e3ff480967fd446a104f35655d69e55db9fd7b2d8148b4412f44626","source_id":"us-ca","stale":false,"prev":"us-ca/fin-14452","next":"us-ca/fin-14453"},"notice":"GroundRules: Original legal text. Not legal advice."}