Statute · California Financial Code

Cal. Fin. Code § 14211 — General

Cal. Fin. Code § 14211

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2002-09-20
Current through
Nov 2, 2026 (California Legislative Counsel)

In determining for purposes of this division whether the capital of any credit union is adequate, the commissioner shall consider the following:

Citator

Cal. Fin. Code § 14211 — General is in force in the current edition of the Code, and nothing recorded condemns it.

In determining for purposes of this division whether the capital of any credit union is adequate, the commissioner shall consider the following:

(a) The nature and volume of the business and the proposed business of the credit union.

(b) The amount, nature, quality, and liquidity of the assets of the credit union.

(c) The amount and nature of the liabilities, including contingent liabilities, of the credit union.

(d) The history of, and prospects for, the credit union to earn and retain income.

(e) The nature and scope of the operations of the credit union.

(f) The performance of the management of the credit union.

(g) Any other factors as are, in the opinion of the commissioner, relevant.