California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 5. CREDIT UNIONS |
Chapter 6. Share Accounts and Certificates for Funds |
ARTICLE 1. General |
Section 14855.
Latest version.
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Every credit union may receive money and accumulate funds to be loaned and execute certificates for funds for the money received. The certificates for funds shall specify the date, amount, rate of interest, and when the principal and interest are payable.
(Added by Stats. 1979, Ch. 112.)