Statute · California Financial Code
Cal. Fin. Code § 14101.8 — Incorporation and Bylaws
Cal. Fin. Code § 14101.8
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2002-09-20
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) No amendment of the articles of a credit union shall become effective unless the certificate of amendment or other instrument setting forth the amendment is filed with the Secretary of State with the commissioner’s approval endorsed thereon. The amendment shall become effective upon being…
Citator
Cal. Fin. Code § 14101.8 — Incorporation and Bylaws is in force in the current edition of the Code, and nothing recorded condemns it.
(a) No amendment of the articles of a credit union shall become effective unless the certificate of amendment or other instrument setting forth the amendment is filed with the Secretary of State with the commissioner’s approval endorsed thereon. The amendment shall become effective upon being filed with the Secretary of State. Promptly after the amendment becomes effective, the credit union shall file with the commissioner a copy of the certificate of amendment or other instrument certified by the Secretary of State.
(b) An amendment of the articles set forth in an agreement of merger that requires the approval of the commissioner shall not be subject to the provisions of subdivision (a). An amendment meeting this criteria shall become effective at the time the merger becomes effective, pursuant to this division.