Earlier editions: 2020-112018-11
DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 3. Administration and Powers of the Commissioner 14200-14384›ARTICLE 3. Enforcement 14300-14319
§ 14318
California Financial Code · 2026 edition · updated 2026-10-04 · California
If the commissioner retains possession of the assets of a credit union for purposes of liquidation, the commissioner shall use the services of civil service employees of the commissioner’s office and the attorneys employed by the commissioner or the Department of Justice shall render all necessary legal services, as the commissioner may request.
(Added by Stats. 2002, Ch. 734, Sec. 40. Effective September 20, 2002.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code