Skip to content
ChatProjectCodes

DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 4. Management and Operations 14400-14768›ARTICLE 1. General 14400-14410

§ 14400

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

(a) The savings capital of a credit union shall consist of the payments made by members on shares as set forth in the credit union’s written savings capital structure policy pursuant to Section 14862.

(b) The equity capital of the credit union shall consist of the credit union’s regular reserve account, the undivided earnings account, any appropriated undivided earnings accounts, and other forms of capital approved by the commissioner.

(Amended by Stats. 2000, Ch. 411, Sec. 1. Effective September 12, 2000.)

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

Ask AI about this code
Export this section
▸Contents — California Financial Code
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.