Section 53105 Of Chapter 3. Purpose And Organization From California Health And Safety Code >> Division 31. >> Part 7. >> Chapter 3.
53105
. In order to expedite the startup of the corporation, the
four members representing the stockholders shall initially be
appointed by the Secretary of the Business, Transportation and
Housing Agency. These members will serve until the first stockholders'
meeting, at which point they will be replaced by elected members.