Section 30.30 - Economic Feasibility - Existing Credit UnionWhenever the Commissioner, this Subchapter or any law administered by the Commissioner requires that the Commissioner determine the economic feasibility of any proposal of an existing credit union, the Commissioner may consider:
(a) The adequacy of the equity capital of the credit union.(b) The quality of assets of the credit union.(c) The level of earnings of the credit union.(d) The level of liquidity of the credit union.(e) The quality of management of the credit union.(f) The business plan of the credit union.(g) The marketing plan of the credit union.(h) The business practices of the credit union.(i) Such other factors that bear upon a determination of the economic feasibility of the proposal.Cal. Code Regs. Tit. 10, § 30.30
1. New section filed 2-27-2003; operative 3-29-2003 (Register 2003, No. 9). Note: Authority cited: Section 14201, Financial Code. Reference: Sections 14155 and 14201, Financial Code.
1. New section filed 2-27-2003; operative 3-29-2003 (Register 2003, No. 9).