Statute · California Financial Code

Cal. Fin. Code § 14551.5 — Supervisory Committee

Cal. Fin. Code § 14551.5

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The supervisory committee shall be responsible for reviewing the credit union’s policies and control procedures to safeguard against fraud and self-dealing, and the supervisory committee shall exercise whatever efforts are necessary pursuant to Sections 14551 and 14553 to meet those…

Citator

Cal. Fin. Code § 14551.5 — Supervisory Committee is in force in the current edition of the Code, and nothing recorded condemns it.

The supervisory committee shall be responsible for reviewing the credit union’s policies and control procedures to safeguard against fraud and self-dealing, and the supervisory committee shall exercise whatever efforts are necessary pursuant to Sections 14551 and 14553 to meet those responsibilities.