Financial Code § 14605

ARTICLE 5. Credit Committee and Loan Officers

Current as of September 28, 2026Fin. Code, § 14605Official source ↗

Added by Stats. 1982, Ch. 691, Sec. 12.

A credit manager shall not disburse or have the authority to authorize any person to disburse the proceeds of any loan. A credit manager shall not authorize or make loans to other credit unions.