California Financial Code

§ 14800

FIN § 14800 Effective Sep 12, 2000Div. 5 · Ch. 5

(a)Every credit union may admit to membership those persons qualified for membership upon the occurrence of any of the following:

(1)Upon the purchase of a membership in the credit union as provided in the credit union’s bylaws.

(2)Upon the payment of an entrance fee established from time to time by the board of directors.

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Legislative history

Amended by Stats. 2000, Ch. 411, Sec. 3. Effective September 12, 2000.