Section 4805.16 Of Article 2. Definitions From California Financial Code >> Division 1.6. >> Chapter 1. >> Article 2.
4805.16
. "Shareholder" means:
(a) When used with respect to a California state savings
association that is authorized to issue guarantee stock, a holder of
record of a share of guarantee stock.
(b) When used with respect to a federal savings association that
is authorized to issue capital stock, a holder of record of a share
of capital stock.