No member of the credit committee or the credit manager or any loan officer shall serve as a member of the supervisory committee.
Cal. Fin. Code § 14601
Credit Committee and Loan Officers
Known as the California Credit Union Law
The act spans §§ 14000–16906 (329 sections).
Amended by Stats. 1998, Ch. 539, Sec. 24
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.