California Government Code

§ 54956.98

GOV § 54956.98 Effective Jan 1, 2020Div. 2 · Title 5 · Part 1 · Ch. 9

(a)For purposes of this section, the following definitions shall apply:

(1)“Shareholder, member, or owner local agency” or “shareholder, member, or owner” means a local agency that is a shareholder of a public bank.

(2)“Public bank” has the same meaning as defined in Section 57600.

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Legislative history

Added by Stats. 2019, Ch. 442, Sec. 15. (AB 857) Effective January 1, 2020.