Financial Code § 14405

ARTICLE 1. General

Current as of September 28, 2026Fin. Code, § 14405Official source ↗

Amended by Stats. 2007, Ch. 148, Sec. 2. Effective January 1, 2008.

Every credit union may:

(a) (1) Become a member of any organization or organizations composed of credit unions, credit associations, chambers of commerce, financial institutions, community economic development entities, or business or trade organizations.

(2) Become a member of any nonprofit organization approved by the board of directors.

(b) Pay dues and assessments as may be levied upon it by any organization of which it is a member.