Statute · California Financial Code
Cal. Fin. Code § 14857 — General
Cal. Fin. Code § 14857
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Every credit union may cancel the shares of any member who withdraws or is expelled, and apply the value of the shares to the liquidation of the member’s indebtedness to the credit union.
Citator
Cal. Fin. Code § 14857 — General is in force in the current edition of the Code, and nothing recorded condemns it.
Every credit union may cancel the shares of any member who withdraws or is expelled, and apply the value of the shares to the liquidation of the member’s indebtedness to the credit union.