Section 1172 Of Article 5. Directors From California Financial Code >> Division 1.1. >> Chapter 5. >> Article 5.
1172
. The board of each bank and of each trust company shall hold a
meeting not less than once each calendar quarter. Regular meetings
of the board shall be held within this state. Any regular or special
meeting is valid wherever held if held upon written consent of all
members of the board given either before or after the meeting and
filed with the secretary of the corporation. Special meetings of the
board may be held upon four days' notice by mail, unless the articles
or bylaws provide otherwise, or 24 hours' notice delivered
personally or by telephone or by telegraph, unless the articles or
bylaws provide for a shorter period.