ARTICLE 1. General [14200. - 14212.]
Article 1 added by Stats. 1979, Ch. 112.
§§ 14200–14212 · 13 sections
- § 14200 The powers of supervision and examination of all credit unions organized under the provisions of this division are vested in the commissioner.
- § 14200.1 There is in the Division of Financial Institutions of the Department of Financial Protection and Innovation the Office of Credit Unions. The Office of Credit…
- § 14200.2 The chief officer of the Office of Credit Unions is the Deputy Commissioner of the Office of Credit Unions. The Deputy Commissioner of the Office of Credit…
- § 14201 The commissioner may establish or waive such rules and regulations as may be reasonable or necessary to carry out the purposes and provisions of this division.
- § 14202 The commissioner may by regulation authorize credit unions organized under the provisions of this division to engage in any activity authorized by law or…
- § 14203 Upon request of the commissioner, a credit union shall furnish to the commissioner an authorization for examination of financial records of any capital funds,…
- § 14204 If the commissioner upon any examination, or from any report made to the commissioner, finds any credit union is violating the provisions of this division or…
- § 14205 The commissioner may, upon reasonable notice and opportunity to be heard, suspend or revoke any certificate if the commissioner finds that the credit union has…
- § 14207 In any proceeding under this law, the burden of proving an exemption or an exception from a definition is upon the person claiming it.
- § 14208 The commissioner may, after appropriate notice and opportunity for hearing, by order censure, or suspend for a period not exceeding 12 months, or bar from any…
- § 14209 (a) Whenever it appears to the commissioner that any person has engaged in or is about to engage in any acts or practices constituting a violation of any…
- § 14211 In determining for purposes of this division whether the capital of any credit union is adequate, the commissioner shall consider the following: (a) The nature…
- § 14212 (a) The commissioner, whenever in his or her opinion such action is necessary or appropriate to carry out his or her duties, may call a meeting of the board of…