California Statutes
§ 15257. — 15257. (Added by Stats. 1979, Ch. 112.)
California § 15257.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 5.DIVISION 5. CREDIT UNIONS
Ch. 9.CHAPTER 9. Merger, Dissolution and Conversion
Art. 2.ARTICLE 2. Dissolution
This text of California § 15257. (15257. (Added by Stats. 1979, Ch. 112.)) 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 § 15257. (2026).
Text
When a credit union has completely wound up, all of its known debts and liabilities actually paid or adequately provided for or paid as far as its assets permit, and its known assets distributed, a majority of the committee or the liquidating agent in charge of liquidation shall sign and acknowledge a certificate stating that the credit union has been completely wound up, its known assets distributed, any tax or penalty due under the Bank and Corporation Franchise Tax Law paid, and its other known debts and liabilities actually paid or adequately provided for or paid as far as its assets permit and that the credit union is dissolved.
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Legislative History
Added by Stats. 1979, Ch. 112.
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Bluebook (online)
California § 15257., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/15257..