California Statutes
§ 14317. — 14317. (Added by Stats. 2002, Ch. 734, Sec. 39.)
California·Code FIN Financial Code - FIN·Div. 5. DIVISION 5. CREDIT UNIONS·Ch. 3. CHAPTER 3. Administration and Powers of the Commissioner·Art. 3. ARTICLE 3. Enforcement
If required by the commissioner, the liquidating agent or the members of the liquidating committee appointed under this article shall provide proof of bond coverage extending to the liquidating agent or members of the liquidating committee. The bond shall include coverage for fraud, dishonesty, and faithful performance. The premium for that bond shall be paid out of the assets of the credit union.
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California § 14317. (14317. (Added by Stats. 2002, Ch. 734, Sec. 39.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2002, Ch. 734, Sec. 39. Effective September 20, 2002.