§ 14200 Credit Union Oversight Powers

Financial Code·California

AI SummaryVerified

This law says the commissioner is in charge of watching over and checking on credit unions to make sure they follow the rules.

Key Takeaways

•The commissioner is the boss when it comes to checking on credit unions.
•They make sure credit unions are doing things the right way.
•If a credit union is doing something wrong, the commissioner can look into it.

Example

If a credit union is not treating its members fairly or is breaking rules about handling money, the commissioner can step in to investigate.

The commissioner has the power to look into the credit union's records and practices to fix any problems.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 14200 Credit Union Oversight Powers

The powers of supervision and examination of all credit unions organized under the provisions of this division are vested in the commissioner. (Repealed and added by Stats. 1979, Ch. 112.)

Last verified: January 11, 2026

Key Terms

powers of supervision examination credit unions commissioner

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 14200.

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Key Takeaways

Example

Key Terms

Related Statutes

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