The bylaws may provide that the territory in which the association has members shall be divided into districts and that directors shall be elected from the several districts. In that case, the bylaws shall specify the number of directors to be elected by each district, and the manner and method of reapportioning the directors and of redistricting the territory of the association.
(Added by Stats. 1987, Ch. 680, Sec. 1.)
Last modified: October 25, 2018