A credit union shall supply its members with statements of accounts or passbooks which show the transactions and current position of the member involving shares, certificates for funds and obligations. If statements of accounts are supplied they may show only the transactions for the period covered and the current positions and must be sent to members at least quarterly. Members whose accounts show no activity other than dividends may be sent an annual statement.
Cal. Code Regs. Tit. 10, § 30.606
Note: Authority cited: Section 14201, Financial Code. Reference: Sections 14007, 14204, 15151, 15152 and 15153, Financial Code.