Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 5.: DIVISION 5. CREDIT UNIONS/Ch. 1.: CHAPTER 1. General Provisions/Art. 1.: ARTICLE 1. Definitions/§ 14004.
California Statutes

§ 14004. — 14004. (Added by Stats. 1982, Ch. 716, Sec. 1.)

California § 14004.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 5.DIVISION 5. CREDIT UNIONS
Ch. 1.CHAPTER 1. General Provisions
Art. 1.ARTICLE 1. Definitions

This text of California § 14004. (14004. (Added by Stats. 1982, Ch. 716, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Financial Code - FIN Code § 14004. (2026).

Text

“Impaired capital” means that the losses or projected losses of a credit union are such that the book value of a member’s share is reduced below 100 percent of the monetary amount of that share when initially purchased plus any accumulated dividends.

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Legislative History

Added by Stats. 1982, Ch. 716, Sec. 1.
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California § 14004., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/14004..