The supervisory committee shall be responsible for reviewing the credit union’s policies and control procedures to safeguard against fraud and self-dealing, and the supervisory committee shall exercise whatever efforts are necessary pursuant to Sections 14551 and 14553 to meet those responsibilities.
Cal. Fin. Code § 14551.5
Supervisory Committee
Known as the California Credit Union Law
The act spans §§ 14000–16906 (329 sections).
Added by Stats. 1996, Ch. 330, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.