BlackletterCalifornia law

Financial Code § 14857

ARTICLE 1. General

Current as of September 28, 2026Fin. Code, § 14857Official source ↗

Added by Stats. 1979, Ch. 112.

Every credit union may cancel the shares of any member who withdraws or is expelled, and apply the value of the shares to the liquidation of the member’s indebtedness to the credit union.