Ca_Law

statute | California

Financial Code - FIN - FIN § 14400

  • UIDca_leginfo_codes:fin-14400
  • CitationFinancial Code - FIN - FIN § 14400
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

(a) The equity capital of the credit union shall consist of the credit union’s regular reserve account, the undivided earnings account, any appropriated undivided earnings accounts, and other forms of capital approved by the commissioner. (b) The savings capital of a credit union

Text

(a)
The equity capital of the credit union shall consist of the credit union’s regular reserve account, the undivided earnings account, any appropriated undivided earnings accounts, and other forms of capital approved by the commissioner.
(b)
The savings capital of a credit union shall consist of the payments made by members on shares.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 14400

    (a) The equity capital of the credit union shall consist of the credit union’s regular reserve account, the undivided earnings account, any appropriated undivided earnings accounts, and other forms of capital approved by the commissioner. (b) The savings capital of a credit union shall consist of the payments made …