DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 6. Share Accounts and Certificates for Funds 14850-14905›ARTICLE 1. General 14850-14868

§ 14857

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

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.

(Added by Stats. 1979, Ch. 112.)

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California Financial Code

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