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Earlier editions: 2020-112018-11

DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 4. Management and Operations 14400-14768›ARTICLE 5. Credit Committee and Loan Officers 14600-14605

§ 14605

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

A credit manager shall not disburse or have the authority to authorize any person to disburse the proceeds of any loan. A credit manager shall not authorize or make loans to other credit unions.

(Added by Stats. 1982, Ch. 691, Sec. 12.)

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California Financial Code

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