Cal. Fin. Code § 14551.5

Current through the 2024 Legislative Session.

Section 14551.5 - Responsibilities

The supervisory committee shall be responsible for reviewing the credit union's policies and control procedures to safeguard against fraud and self-dealing, and the supervisory committee shall exercise whatever efforts are necessary pursuant to Sections 14551 and 14553 to meet those responsibilities.

Ca. Fin. Code § 14551.5

Added by Stats. 1996, Ch. 330, Sec. 2. Effective January 1, 1997.