California Statutes
§ 14211. — 14211. (Added by Stats. 2002, Ch. 734, Sec. 15.)
California·Code FIN Financial Code - FIN·Div. 5. DIVISION 5. CREDIT UNIONS·Ch. 3. CHAPTER 3. Administration and Powers of the Commissioner·Art. 1. ARTICLE 1. General
In determining for purposes of this division whether the capital of any credit union is adequate, the commissioner shall consider the following:
(a)The nature and volume of the business and the proposed business of the credit union.
(b)The amount, nature, quality, and liquidity of the assets of the credit union.
(c)The amount and nature of the liabilities, including
contingent liabilities, of the credit union.
(d)The history of, and prospects for, the credit union to earn and retain income.
(e)The nature and scope of the operations of the credit union.
(f)The performance of the management of the credit union.
(g)Any other factors as are, in the opinion of the commissioner, relevant.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 14211. (14211. (Added by Stats. 2002, Ch. 734, Sec. 15.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2002, Ch. 734, Sec. 15. Effective September 20, 2002.