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RAMANATHAN v. BANK OF AMERICA

No. A113611.

66 Cal.Rptr.3d 471 (2007)

155 Cal.App.4th 1017

Padmanabhan RAMANATHAN, Plaintiff and Appellant, v. BANK OF AMERICA, Defendant and Respondent.

Court of Appeal of California, First District, Division Three.

August 30, 2007.

Attorney(s) appearing for the Case

Daniel Louis Feder, Law Offices Daniel Feder, Kenneth N. Frucht, San Francisco, CA, for Plaintiff and Appellant.

Patricia Kruse Gillette, Heller, Ehrman, et al, Andrew Ralston Livingston, Heller Ehrman White, et al., San Francisco, CA, for Defendant and Respondent.

HORNER, J.*

INTRODUCTION

Section 24 (Fifth) of the National Bank Act ("NBA") provides the following powers to a duly organized national banking association: "To elect or appoint directors, and by its board of directors to appoint a president, vice president, cashier, and other officers, define their duties, require bonds of them and fix the penalty thereof, dismiss such officers or any of them at pleasure, and appoint others...

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