California Financial Code

§ 14654

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FIN § 14654Div. 5 · Ch. 4 · Art. 6

Statute text

View on leginfo.ca.gov

Credit unions may purchase from the vendor or lessor of any personal property, conditional sale contracts or vehicle lease agreements covering the sale or lease of that property or vehicle to its members. The credit union may hold and retain any such conditional sale contract or vehicle lease agreement as an investment.

Legislative history

Amended by Stats. 1982, Ch. 1570, Sec. 4.5.