California Code, FIN 5101.

California Code, FIN 5101.

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Financial Code - FIN

DIVISION 2. SAVINGS ASSOCIATION LAW [5000 - 10009] Â Â ( Division 2 repealed and added by Stats. 1983, Ch. 1091, Sec. 2. ) Â Â CHAPTER 1. Short Title, General Definitions, and General Provisions [5000 - 5330] Â Â ( Chapter 1 added by Stats. 1983, Ch. 1091, Sec. 2. ) Â Â

ARTICLE 2. General Definitions [5100 - 5124] Â Â ( Article 2 added by Stats. 1983, Ch. 1091, Sec. 2. )

  5101.  “Approved by the members,” in the case of a mutual association, means approved by a majority of all votes cast at a duly held regular or special meeting or by the written consent (including consents by proxy) of a majority of the total votes of members outstanding at the close of business on the next business day prior to the date that the requisite written consents have been filed with the association. (Added by Stats. 1983, Ch. 1091, Sec. 2.)