California Statutes
§ 14703. — 14703. (Amended by Stats. 2004, Ch. 324, Sec. 2.)
California § 14703.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 5.DIVISION 5. CREDIT UNIONS
Ch. 4.CHAPTER 4. Management and Operations
Art. 7.ARTICLE 7. Reserves
This text of California § 14703. (14703. (Amended by Stats. 2004, Ch. 324, Sec. 2.)) 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 § 14703. (2026).
Text
A credit union shall establish and maintain an allowance-for-loan-losses account in accordance with generally accepted accounting principles. The commissioner may order the credit union to increase the amount of its allowance-for-loan-losses account if the commissioner finds that the amount of the account is not adequate.
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Legislative History
Amended by Stats. 2004, Ch. 324, Sec. 2. Effective January 1, 2005.
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California § 14703., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/14703..