California Codes > Financial Code > Division 5 > Chapter 7 > Article 3 – Loans to Directors, Officers and Committee Members
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| § 15050 | (a) For purposes of this section, the following definitions … |
| § 15051 | The board of directors shall declare the office of any director, … |
Terms Used In California Codes > Financial Code > Division 5 > Chapter 7 > Article 3 - Loans to Directors, Officers and Committee Members
- department: means State Department of Health Services. See California Health and Safety Code 20
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
- Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18