3961. The term of office of each member of the first board shall be so fixed by the Governor that the terms of the directors of such board shall expire in three groups of two, and one group of three, on the 15th day of January of each year following the formation of the association.(Enacted by Stats. 1967, Ch. 15.)
California Legal Code
§ 3961
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FAC&division=3.&title=&part=3.&chapter=3.&article=· Version 2026