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AB-1876 Credit unions.(2011-2012)

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AB1876:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2011–2012 REGULAR SESSION

Assembly Bill
No. 1876


Introduced  by  Assembly Member Achadjian

February 22, 2012


An act to amend Section 14000 of the Financial Code, relating to credit unions.


LEGISLATIVE COUNSEL'S DIGEST


AB 1876, as introduced, Achadjian. Credit unions.
Existing law provides for the organization and regulation of credit unions by the Department of Financial Institutions. Existing law entitles those provisions the California Credit Union Law.
This bill would make technical, nonsubstantive changes to that title.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 14000 of the Financial Code is amended to read:

14000.
 This division shall be known as the “California California Credit Union Law.” Law.