Statute · California Financial Code

Cal. Fin. Code § 14702 — Reserves

Cal. Fin. Code § 14702

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

In addition to the regular reserve, special reserves shall be established when required by regulation or when found necessary by the board of directors of the credit union or by the commissioner.

Citator

Cal. Fin. Code § 14702 — Reserves is in force in the current edition of the Code, and nothing recorded condemns it.

In addition to the regular reserve, special reserves shall be established when required by regulation or when found necessary by the board of directors of the credit union or by the commissioner.