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HomeFinancial CodeDiv. 5Ch. 9Art. 4§ 15353 Filing Conversion Vote Records

§ 15353 Filing Conversion Vote Records

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

§ 15353 Filing Conversion Vote Records

This law requires a credit union to file a copy of its meeting minutes or written vote that approves converting to a state credit union, signed by the board, within 10 days to the state commissioner and also send a duplicate to the federal credit union regulator.

Key Takeaways

  • •File the signed vote or meeting minutes within 10 days.
  • •Send one copy to the state commissioner.
  • •Send a duplicate copy to the National Credit Union Administration.

Example

A credit union holds a member vote to become a state-chartered credit union and the board signs off on the decision.

The credit union must send a copy of that vote and the signed minutes to the state regulator within 10 days, and also mail a duplicate copy to the National Credit Union Administration.

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

Official Source
View on CA.gov

§ 15353 Filing Conversion Vote Records

Copies of the minutes of the proceedings of the meeting of the members or the written ballot and the record of written vote of the members in which they voted to convert into a state credit union, verified by the board of directors of the credit union, shall be filed within 10 days after the meeting or written vote with the commissioner, and, in duplicate, with the National Credit Union Administration. (Amended by Stats. 1980, Ch. 413, Sec. 9.)

Last verified: January 11, 2026

Key Terms

minutes of the proceedingswritten ballotrecord of written voteconvert into a state credit unionverified by the board of directorsfiled within 10 dayscommissionerNational Credit Union Administration

Related Statutes

  • § 15352 Joint Federal Credit Union Audits
  • § 15354 Minutes Evidence Presumption
  • § 15357 Credit Union Incorporation Filing
  • § 15200 Credit Union Mergers
  • § 15202 Credit Union Merger Certificate

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 15353.
View Official Source