§ 54956.97
76 words·~1 min read·
/ca/government-code/54956-97A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any provision of law, the governing board, or a committee of the governing board, of a public bank, as defined in Section 57600 of the Government Code, may meet in closed session to consider and take action on matters pertaining to all of the following:
(a)A loan or investment decision.
(b)A decision of the internal audit committee, the compliance committee, or the governance committee.
(c)A meeting with a state or federal regulator.