{"code":"FIN","codeName":"Financial Code","section":"14551.5","citation":"Fin. Code, § 14551.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 5. CREDIT UNIONS [14000. - 16906.]","url":"https://blackletter.si/financial-code/division-5"},{"name":"CHAPTER 4. Management and Operations [14400. - 14768.]","url":"https://blackletter.si/financial-code/division-5/chapter-4"},{"name":"ARTICLE 4. Supervisory Committee [14550. - 14556.]","url":"https://blackletter.si/financial-code/division-5/chapter-4/article-4"}],"history":"Added by Stats. 1996, Ch. 330, Sec. 2.   Effective January 1, 1997.","effective":"1997-01-01","html":"<p>The supervisory committee shall be responsible for reviewing the credit union’s policies and control procedures to safeguard against fraud and self-dealing, and the supervisory committee shall exercise whatever efforts are necessary pursuant to Sections <a href=\"/fin/14551\">14551</a> and <a href=\"/fin/14553\">14553</a> to meet those responsibilities.</p>","text":"The supervisory committee shall be responsible for reviewing the credit union’s policies and control procedures to safeguard against fraud and self-dealing, and the supervisory committee shall exercise whatever efforts are necessary pursuant to Sections 14551 and 14553 to meet those responsibilities.","otherVersions":[],"url":"https://blackletter.si/financial-code/supervisory-committee-14551-5","source":"California Legislative Information bulk export (pubinfo)"}