California Legal Codes and Statutes

§ 54956.97

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

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.

Cite this section

Cal. Gov. Code § 54956.97 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-9-meetings/section-54956.97

Other sections in Chapter 9 - Meetings

§ 54950§ 54950.5§ 54951§ 54952§ 54952.1§ 54952.2§ 54952.3§ 54952.6§ 54952.7§ 54953…§ 54957.10§ 54958§ 54959§ 54960§ 54960.1§ 54960.2§ 54960.5§ 54961§ 54962§ 54963

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