Financial Code - FIN
DIVISION 5. CREDIT UNIONS [14000 - 16906]
( Division 5 repealed and added by Stats. 1979, Ch. 112. ) CHAPTER 4. Management and Operations [14400 - 14768]
( Chapter 4 added by Stats. 1979, Ch. 112. ) ARTICLE 1. General [14400 - 14410]
( Article 1 added by Stats. 1979, Ch. 112. ) 14400.
The equity capital of the credit union shall consist of the credit union’s regular reserve account, the undivided earnings account, any appropriated undivided earnings accounts, and other forms of capital approved by the commissioner.
(Amended by Stats. 2018, Ch. 267, Sec. 1. (AB 2862) Effective January 1, 2019.)