California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 5. CREDIT UNIONS |
Chapter 5. Members |
Section 14802.
Latest version.
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Each member shall keep the credit union informed of his current address. In the event a member fails to do this, a charge may be made to the member's share account for the actual cost of necessary locator service incurred in determining such an address; provided, however, that such charge shall not exceed five dollars ($5). Such charge shall be made only for amounts paid to a person or concern normally engaged in providing such service and shall be made against the account or accounts of any one member no more than once in any 12-month period.
(Repealed and added by Stats. 1979, Ch. 112.)