Financial Code - FIN
DIVISION 5. CREDIT UNIONS [14000 - 16906]
( Division 5 repealed and added by Stats. 1979, Ch. 112. ) CHAPTER 6. Share Accounts and Certificates for Funds [14850 - 14905]
( Chapter 6 added by Stats. 1979, Ch. 112. ) ARTICLE 1. General [14850 - 14870]
( Article 1 added by Stats. 1979, Ch. 112. ) 14857.
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.
(Added by Stats. 1979, Ch. 112.)