California Financial Code ARTICLE 2 - Certificate to Act as a Credit Union

  • Section 14150.
    No membership shares, certificates for funds or other securities shall be issued by any credit union until it has applied for and obtained from the...
  • Section 14151.
    Applications for a certificate to act as a credit union shall be made in writing to the commissioner, setting forth such information as the commissioner...
  • Section 14152.
    At the time of filing an application to operate as a credit union, the applicant shall pay to the commissioner a filing fee of five...
  • Section 14153.
    Upon the filing of the application for a certificate to act as a credit union, the commissioner shall examine the application together with the other...
  • Section 14154.
    If the commissioner determines that the applicant has satisfied the provisions of this division and does not find facts constituting reasons for denial as specified...
  • Section 14155.
    Upon reasonable notice and opportunity to be heard, the commissioner may deny the application for a certificate to act as a credit union or an...
  • Section 14156.
    Each certificate issued under this division remains in full force and effect until surrendered and accepted by the commissioner, or until suspended or revoked by...

Last modified: October 22, 2018