California Financial Code

§ 14006

FIN § 14006Div. 5 · Ch. 1 · Art. 1

Statute text

“Credit manager” means a natural person approved by the board of directors and employed by a credit union to supervise the lending activities of the credit union in accordance with the loan policies established by the board of directors and consistent with the applicable state and federal law and regulations. A credit manager may be but is not required to be a member of the credit union.

Legislative history

Added by Stats. 1982, Ch. 691, Sec. 1.