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HomeFinancial CodeDiv. 5Ch. 6Art. 1§ 14852 Credit Union Share Transfer Fees

§ 14852 Credit Union Share Transfer Fees

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

§ 14852 Credit Union Share Transfer Fees

This law says credit unions can charge a fair fee when you move your money out of their accounts.

Key Takeaways

  • •Credit unions can charge a fee when you transfer your money out.
  • •The fee must be reasonable, not too high.
  • •This only applies to credit unions, not regular banks.

Example

You want to move your savings from one credit union to another bank.

The credit union can charge you a small fee for doing this, but it has to be reasonable.

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

Official Source
View on CA.gov

§ 14852 Credit Union Share Transfer Fees

Every credit union may charge a reasonable fee for the transfer of its shares. (Repealed and added by Stats. 1979, Ch. 112.)

Last verified: January 11, 2026

Key Terms

credit unionreasonable feetransfer of its shares

Related Statutes

  • § 14851 Credit Union Share Issuance
  • § 14853 Minor Credit Union Accounts
  • § 14855 Credit Union Loan Certificates
  • § 14856 Credit Union Share Liens
  • § 14857 Member Share Cancellation Rights

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 14852.
View Official Source