Cal. Financial Code § 137

California · California Financial Code · Status: effective · Effective 2012-01-01

Cite this

Citation: Cal. Financial Code § 137, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/812656
Permanent ID: ys:prov:812656@1
SHA-256: 0d278d9f963ea1b1cd790df565edbe373b63bbd6f8234fc540a6fc373e4eb9d1

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

“Approved by (or approval of) the board” means approved or ratified by the vote of the board or by the vote of a committee authorized to exercise the powers of the board, except as to any matter not within the competence of the committee under Section 311 of the Corporations Code or any matter for which this division also requires approval of the shareholders or approval of the outstanding shares.