Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 2.: DIVISION 2. SAVINGS ASSOCIATION LAW/Ch. 2.: CHAPTER 2. Corporate Organization and Corporate Changes/Art. 7.: ARTICLE 7. Power to Reorganize, Merge, Consolidate, or Transfer Assets/§ 5761.
California Statutes

§ 5761. — 5761. (Added by Stats. 1983, Ch. 1091, Sec. 2.)

California § 5761.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 2.CHAPTER 2. Corporate Organization and Corporate Changes
Art. 7.ARTICLE 7. Power to Reorganize, Merge, Consolidate, or Transfer Assets

This text of California § 5761. (5761. (Added by Stats. 1983, Ch. 1091, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Financial Code - FIN Code § 5761. (2026).

Text

The directors of an association may, in their discretion, abandon a transaction under this article, subject to the rights of third parties under any contracts relating thereto, without further action or approval by the stockholders or members of the association, at any time before the transaction has been completed.

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Legislative History

Added by Stats. 1983, Ch. 1091, Sec. 2.
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California § 5761., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/5761..