California Statutes

§ 14350. — 14350. (Repealed (Jan. 1, 1999) and added by Stats. 1998, Ch. 539, Sec. 9.)

California·Code FIN Financial Code - FIN·Div. 5. DIVISION 5. CREDIT UNIONS·Ch. 3. CHAPTER 3. Administration and Powers of the Commissioner·Art. 4. ARTICLE 4. Costs of Administration
The commissioner shall annually levy on and collect from credit unions holding certificates authorizing them to act as credit unions, pro rata on the basis of total assets, an assessment in a total amount that is sufficient in the commissioner’s opinion to (a) meet the expenses of the department in administering this division and other laws relating to credit unions or the credit union business that are not otherwise provided for and (b) provide a reasonable reserve for contingencies.

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California § 14350. (14350. (Repealed (Jan. 1, 1999) and added by Stats. 1998, Ch. 539, Sec. 9.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Repealed (Jan. 1, 1999) and added by Stats. 1998, Ch. 539, Sec. 9. Effective January 1, 1999. Adding action operative July 1, 1999, by Sec. 47 of Ch. 539.
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