BlackletterCalifornia law

Financial Code § 14702

ARTICLE 7. Reserves

Current as of September 28, 2026Fin. Code, § 14702Official source ↗

Amended by Stats. 1980, Ch. 1097, Sec. 6.

In addition to the regular reserve, special reserves shall be established when required by regulation or when found necessary by the board of directors of the credit union or by the commissioner.