California Legal Codes and Statutes

§ 14351

Amended by Stats. 2013, Ch. 115, Sec. 1. (AB 1282) Effective January 1, 2014.
(a)The amount of the annual assessment on any credit union holding a certificate authorizing it to act as a credit union shall be the greater of (1) two thousand dollars ($2,000) or (2) the sum of the products determined by multiplying (A) increments of the credit union’s total assets by (B) percentages of the base assessment rate, according to the following table:
(b)The base assessment rate for each annual assessment shall be fixed by the commissioner but shall not exceed two dollars and twenty cents ($2.20) per one thousand dollars ($1,000) of total assets.

Cite this section

Cal. Fin. Code § 14351 (2026)
https://ca.codecond.com/codes/fin/division-5-credit-unions/chapter-3-administration-and-powers-of-the-commissioner/article-4-costs-of-administration/section-14351

Other sections in Article 4 - Costs of Administration

§ 14350§ 14351§ 14352§ 14353§ 14353.5§ 14354§ 14355§ 14356

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