California Government Code

§ 54956.97

GOV § 54956.97 Effective Jan 1, 2020Div. 2 · Title 5 · Part 1 · Ch. 9

Statute text

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.

…

Legislative history

Added by Stats. 2019, Ch. 442, Sec. 14. (AB 857) Effective January 1, 2020.