54956.97. Notwithstanding any provision of law, the governing board, or a committee of the governing board, of a public bank, as defined in Section 57600 of the Government Code, may meet in closed session to consider and take action on matters pertaining to all of the following:(a) A loan or investment decision.(b) A decision of the internal audit committee, the compliance committee, or the governance committee.(c) A meeting with a state or federal regulator.(Added by Stats. 2019, Ch. 442, Sec. 14. (AB 857) Effective January 1, 2020.)
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