Is Cal. Fin. Code § 14256 — Examinations and Reports still in force?

Statute · California Financial Code

Cal. Fin. Code § 14256 — Examinations and Reports

Cal. Fin. Code § 14256

Type: Statute
Source: California Financial Code
Jurisdiction: California
Date: 2015-01-01
Current through: Nov 2, 2026 (California Legislative Counsel)

Citator

Cal. Fin. Code § 14256 — Examinations and Reports is in force in the current edition of the Code, and nothing recorded condemns it.

(a) If any credit union fails to file with the commissioner any report required by this division on or before the day designated for the filing of the report or, if the time for filing the report is extended by the commissioner, within the extended time, or fails to include in the report any matter required by the commissioner, the failure is grounds for the suspension or revocation of the certificate authorizing the credit union to act as a credit union.

(b) If any credit union fails to file with the commissioner any report required by this division or by any order or regulation of the commissioner, on or before the day designated for the filing of the report or, if the time for filing the report is extended by the commissioner, within the extended time, or fails to include in the report any matter required by the commissioner, the commissioner may order the credit union to pay to the commissioner a civil penalty imposed pursuant to Section 329.