Statute · California Financial Code

Cal. Fin. Code § 14605 — Credit Committee and Loan Officers

Cal. Fin. Code § 14605

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

A credit manager shall not disburse or have the authority to authorize any person to disburse the proceeds of any loan. A credit manager shall not authorize or make loans to other credit unions.

Citator

Cal. Fin. Code § 14605 — Credit Committee and Loan Officers is in force in the current edition of the Code, and nothing recorded condemns it.

A credit manager shall not disburse or have the authority to authorize any person to disburse the proceeds of any loan. A credit manager shall not authorize or make loans to other credit unions.