California § 14808. 14808. (Amended by Stats. 1983, Ch. 89, Sec. 7.)

California Statutes

§ 14808. — 14808. (Amended by Stats. 1983, Ch. 89, Sec. 7.)

California § 14808.

Code FINFinancial Code - FIN

Div. 5.DIVISION 5. CREDIT UNIONS

Ch. 5.CHAPTER 5. Members

This text of California § 14808. (14808. (Amended by Stats. 1983, Ch. 89, Sec. 7.)) 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 § 14808. (2026).

Text

All amounts paid on shares or on certificates for funds of an expelled or withdrawn member, with any dividends or interest credited thereto to the date of withdrawal or expulsion, shall be paid to such members as funds become available, and after deducting all amounts due from the member to the credit union. Withdrawing or expelled members have no further rights in the credit union, but are not by expulsion or withdrawal released from any liability to the credit union or its creditors.

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All amounts paid on shares or on certificates for funds of an expelled or withdrawn member, with any dividends or interest credited thereto to the date of withdrawal or expulsion, shall be paid to such members as funds become available, and after deducting all amounts due from the member to the credit union. Withdrawing or expelled members have no further rights in the credit union, but are not by expulsion or withdrawal released from any liability to the credit union or its creditors.

Legislative History

Amended by Stats. 1983, Ch. 89, Sec. 7.

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California § 14808., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/14808..