Fin. Code, § 14211 · Article 1. General
Fin. Code, § 14211
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
In determining for purposes of this division whether the capital of any credit union is adequate, the commissioner shall consider the following:
(a) The nature and volume of the business and the proposed business of the credit union.
(b) The amount, nature, quality, and liquidity of the assets of the credit union.
(c) The amount and nature of the liabilities, including contingent liabilities, of the credit union.
(d) The history of, and prospects for, the credit union to earn and retain income.
(e) The nature and scope of the operations of the credit union.
(f) The performance of the management of the credit union.
(g) Any other factors as are, in the opinion of the commissioner, relevant.
Notes and commentary — not statutory text
History
Added by Stats. 2002, Ch. 734, Sec. 15. Effective September 20, 2002.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=14211.
- Text hash
- sha256 759398d3f3d343de3cf35507c539395c5b6eb49e42c21b200636b19be8d95778
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.