Statute · California Financial Code
Cal. Fin. Code § 14100 — Incorporation and Bylaws
Cal. Fin. Code § 14100
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2002-09-20
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Credit unions shall be incorporated under the Nonprofit Mutual Benefit Corporation Law of this state.
Citator
Cal. Fin. Code § 14100 — Incorporation and Bylaws is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Credit unions shall be incorporated under the Nonprofit Mutual Benefit Corporation Law of this state.
(b) The Secretary of State shall not file the articles of incorporation of a credit union organized pursuant to subdivision (a) unless the approval of the commissioner is endorsed thereon.
(c) The Secretary of State shall not file articles of incorporation setting forth a name in which “credit union” or related words appear unless the approval of the commissioner is attached. This section shall not apply to the articles of any corporation subject to the California Credit Union Law on which the approval of the commissioner is endorsed.