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Cal. Fin. Code § 14405

General

Known as the California Credit Union Law

The act spans §§ 14000–16906 (329 sections).

Amended by Stats. 2007, Ch. 148, Sec. 2

Every credit union may:

(a) (1) Become a member of any organization or organizations composed of credit unions, credit associations, chambers of commerce, financial institutions, community economic development entities, or business or trade organizations.

(2) Become a member of any nonprofit organization approved by the board of directors.

(b) Pay dues and assessments as may be levied upon it by any organization of which it is a member.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.