Financial Code section 14318

If the commissioner retains possession of the assets of a credit union for purposes of liquidation, the commissioner shall use the services of civil service employees of the commissioner’s office and the attorneys employed by the commissioner or the Department of Justice shall render all necessary legal services, as the commissioner may request.

Source: Section 14318, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=14318.­ (updated Sep. 20, 2002; accessed Jun. 9, 2025).

Last Updated

Sep. 20, 2002

§ 14318’s source at ca​.gov