ARTICLE 2. Certificate to Act as a Credit Union [14150. - 14156.]
Article 2 added by Stats. 1979, Ch. 112.
§§ 14150–14156 · 7 sections
- § 14150 No membership shares, certificates for funds or other securities shall be issued by any credit union until it has applied for and obtained from the…
- § 14151 Applications for a certificate to act as a credit union shall be made in writing to the commissioner, setting forth such information as the commissioner…
- § 14152 At the time of filing an application to operate as a credit union, the applicant shall pay to the commissioner a filing fee of five dollars ($5).
- § 14153 Upon the filing of the application for a certificate to act as a credit union, the commissioner shall examine the application together with the other papers…
- § 14154 If the commissioner determines that the applicant has satisfied the provisions of this division and does not find facts constituting reasons for denial as…
- § 14155 Upon reasonable notice and opportunity to be heard, the commissioner may deny the application for a certificate to act as a credit union or an expansion of the…
- § 14156 Each certificate issued under this division remains in full force and effect until surrendered and accepted by the commissioner, or until suspended or revoked…