- (a) “Member of the governing board of the public bank” means a member of the board of directors of a public bank.
- (b) “Designated alternate member of the governing board of the public bank” means the person designated by the local agency to represent the local agency at a meeting of the public bank's board of directors in the event a primary regularly appointed member is not available.
Note: Authority cited: Section 326, Financial Code; and Section 57607, Government Code. Reference: Sections 54956.97 and 54956.98, Government Code.
History
1. New section filed 9-14-2021; operative 1-1-2022 (Register 2021, No. 38).