California Statutes
§ 8501. — 8501. (Added by Stats. 1987, Ch. 730, Sec. 21.)
California § 8501.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 8.CHAPTER 8. Federal Associations
This text of California § 8501. (8501. (Added by Stats. 1987, Ch. 730, Sec. 21.)) 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 § 8501. (2026).
Text
No director of a federal association shall be liable for monetary damages to the federal association, its stockholders or members, based upon the laws of this state, to the extent that the stockholders, or in case of a mutual federal association the members of the federal association, adopt a resolution limiting liability. The resolution shall not eliminate or limit the liability of directors for any acts or omissions or transactions from which directors of a corporation may not be relieved of liability as set forth in the exception to paragraph (10) of Section 204 of the Corporations Code.
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Legislative History
Added by Stats. 1987, Ch. 730, Sec. 21.
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California § 8501., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/8501..