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DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 5. Members 14800-14822

§ 14802

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

Each member shall keep the credit union informed of his current address. In the event a member fails to do this, a charge may be made to the member’s share account for the actual cost of necessary locator service incurred in determining such an address; provided, however, that such charge shall not exceed five dollars ($5). Such charge shall be made only for amounts paid to a person or concern normally engaged in providing such service and shall be made against the account or accounts of any one member no more than once in any 12-month period.

(Repealed and added by Stats. 1979, Ch. 112.)

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