Statute · California Financial Code

Cal. Fin. Code § 14762 — Penalties

Cal. Fin. Code § 14762

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

A director of a credit union who concurs in any vote or act of the directors of the credit union by which it is intended to make a loan or discount to any director of the credit union exceeding the amount allowed by law, is guilty of a misdemeanor.

Citator

Cal. Fin. Code § 14762 — Penalties is in force in the current edition of the Code, and nothing recorded condemns it.

A director of a credit union who concurs in any vote or act of the directors of the credit union by which it is intended to make a loan or discount to any director of the credit union exceeding the amount allowed by law, is guilty of a misdemeanor.