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HomeFinancial CodeDiv. 5Ch. 5§ 14801 Credit Union Member Expulsion

§ 14801 Credit Union Member Expulsion

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 14801 Credit Union Member Expulsion

This law lets credit unions remove members from their membership if the rules in other sections allow it.

Key Takeaways

  • •Credit unions can expel members.
  • •Expulsion must follow the rules in Sections 14456 and 7341.
  • •The process is defined by those other sections.

Example

A credit union member repeatedly breaks the credit union's rules, so the board votes to kick them out.

Because the member violated the rules, the credit union can expel them, following the procedures described in the referenced sections.

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

Official Source
View on CA.gov

§ 14801 Credit Union Member Expulsion

Every credit union may expel members as provided in Section 14456 of this division and Section 7341 of the Corporations Code. (Amended by Stats. 1984, Ch. 209, Sec. 4.)

Last verified: January 11, 2026

Key Terms

credit unionexpel membersSection 14456Section 7341 of the Corporations Code

Related Statutes

  • § 14800 Credit Union Membership Requirements
  • § 14800.1 Credit Union Check Services
  • § 14803 Credit Union Membership Incentives
  • § 14820 Credit Union Proxy Rules
  • § 100025 Debt Collection Advisory Committee

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 14801.
View Official Source