Section 6156.
Cal. Financial Code - FIN § 6156.
in effect(a)
Any vacancy among directors, not filled by the members or stockholders, may be filled by a majority vote of the remaining directors, though less than a quorum, by electing a director to serve until the next annual meeting of the members or stockholders, at which time a director shall be elected to fill the vacancy for the unexpired term for the class of director in which the vacancy exists.
(b)
In the event of a vacancy on the board of directors from any cause, the remaining directors shall have full power and authority to continue direction of the association until
the vacancy is filled.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026
