§ 14251 Credit Union Examinations

Financial Code·California

AI SummaryVerified

This law lets the state banking regulator inspect a credit union's offices if a credit union officer or director gives written permission.

Key Takeaways

•Inspection only happens when an officer or director signs written consent.
•The regulator can check any regular office of the credit union.
•The rule was updated in 1979.

Example

A credit union manager signs a paper allowing the regulator to look around the bank's main office.

Because the manager gave written consent, the regulator can walk into the office and examine everything there, just like a health inspector checking a restaurant.

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

Official Source

View on CA.gov

§ 14251 Credit Union Examinations

The commissioner upon the written consent of any credit union officer or director may make any examination of the credit union in any regularly established office of the commissioner. (Repealed and added by Stats. 1979, Ch. 112.)

Last verified: January 11, 2026

Key Terms

commissioner written consent credit union officer or director examination

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 14251.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References