Financial Code section 14758

Any director, officer, or employee of a credit union who makes or maintains, or attempts to make or maintain, a deposit of the credit union’s funds with any other person on the condition or with the understanding, whether express or implied, that the person receiving that deposit will make a loan or advance, directly or indirectly, to any director, officer, or employee of the credit union is guilty of a felony.

Source: Section 14758, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=14758.­ (updated Jan. 1, 1986; accessed Jul. 21, 2025).

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Verified:
Jul. 21, 2025

§ 14758's source at ca​.gov