California Statutes
§ 14954. — 14954. (Amended by Stats. 1985, Ch. 951, Sec. 14.)
California·Code FIN Financial Code - FIN·Div. 5. DIVISION 5. CREDIT UNIONS·Ch. 7. CHAPTER 7. Loans·Art. 1. ARTICLE 1. General
For the purposes of this chapter, a person who is not an applicant for an extension of credit or the creation of an obligation with the credit union but guarantees performance of the underlying obligation is a surety. A surety may act as security pursuant to subdivision (a) of Section 14955.
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California § 14954. (14954. (Amended by Stats. 1985, Ch. 951, Sec. 14.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1985, Ch. 951, Sec. 14.