California Financial Code

§ 14800.1

FIN § 14800.1 Effective Jan 1, 2013Div. 5 · Ch. 5

Statute text

(a)Notwithstanding subdivision (b) of Section 14800 or Section 14750, a credit union may do all of the following:

(1)Provide the services specified in paragraph (2) to a natural person within the field of membership, regardless of whether the person is admitted to membership, and charge a fee for the provision of those services, which fee shall not exceed the cost to provide those services.

(2)(A) Sell checks and other similar money transfer instruments, including international and domestic electronic fund transfers.

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Legislative history

Added by Stats. 2012, Ch. 246, Sec. 1. (AB 2006) Effective January 1, 2013.