DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 4. Management and Operations 14400-14768›ARTICLE 8. Penalties 14750-14768

§ 14762

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

A director of a credit union who concurs in any vote or act of the directors of the credit union by which it is intended to make a loan or discount to any director of the credit union exceeding the amount allowed by law, is guilty of a misdemeanor.

(Added by Stats. 1986, Ch. 673, Sec. 11.)

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California Financial Code

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