The supervisory committee shall be responsible for reviewing the credit union’s policies and control procedures to safeguard against fraud and self-dealing, and the supervisory committee shall exercise whatever efforts are necessary pursuant to Sections 14551 and 14553 to meet those responsibilities.
(Added by Stats. 1996, Ch. 330, Sec. 2. Effective January 1, 1997.)
Last modified: October 25, 2018