Financial Code section 14405

Every credit union may:

(a)

(1)Become a member of any organization or organizations composed of credit unions, credit associations, chambers of commerce, financial institutions, community economic development entities, or business or trade organizations.

(2)

Become a member of any nonprofit organization approved by the board of directors.

(b)

Pay dues and assessments as may be levied upon it by any organization of which it is a member.

Source: Section 14405, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=14405.­ (updated Jan. 1, 2008; accessed Jun. 9, 2025).

Last Updated

Jan. 1, 2008

§ 14405’s source at ca​.gov