Statute · California Financial Code

Cal. Fin. Code § 14317 — Enforcement

Cal. Fin. Code § 14317

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

If required by the commissioner, the liquidating agent or the members of the liquidating committee appointed under this article shall provide proof of bond coverage extending to the liquidating agent or members of the liquidating committee. The bond shall include coverage for fraud, dishonesty,…

Citator

Cal. Fin. Code § 14317 — Enforcement is in force in the current edition of the Code, and nothing recorded condemns it.

If required by the commissioner, the liquidating agent or the members of the liquidating committee appointed under this article shall provide proof of bond coverage extending to the liquidating agent or members of the liquidating committee. The bond shall include coverage for fraud, dishonesty, and faithful performance. The premium for that bond shall be paid out of the assets of the credit union.