California Legal Codes and Statutes

§ 14400

Amended by Stats. 2024, Ch. 305, Sec. 1. (AB 2062) Effective January 1, 2025.
(a)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.
(b)The savings capital of a credit union shall consist of the payments made by members on shares.

Cite this section

Cal. Fin. Code § 14400 (2026)
https://ca.codecond.com/codes/fin/division-5-credit-unions/chapter-4-management-and-operations/article-1-general/section-14400

Other sections in Article 1 - General

§ 14400§ 14401§ 14402§ 14403§ 14404§ 14405§ 14406§ 14407§ 14408§ 14409§ 14409.2§ 14410

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