Skip to content

DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 3. Administration and Powers of the Commissioner 14200-14384›ARTICLE 1. General 14200-14212

§ 14211

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

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 and volume of the business and the proposed business of the credit union.

(b) The amount, nature, quality, and liquidity of the assets of the credit union.

(c) The amount and nature of the liabilities, including contingent liabilities, of the credit union.

(d) The history of, and prospects for, the credit union to earn and retain income.

(e) The nature and scope of the operations of the credit union.

(f) The performance of the management of the credit union.

(g) Any other factors as are, in the opinion of the commissioner, relevant.

(Added by Stats. 2002, Ch. 734, Sec. 15. Effective September 20, 2002.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸Contents — California Financial Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.