GroundRules
FIN § 14004
Where this section sits in the code
- Financial Code - FIN
- DIVISION 5. CREDIT UNIONS [14000. - 16906.]
- CHAPTER 1. General Provisions [14000. - 14053.]
- ARTICLE 1. Definitions [14000. - 14007.]
“Impaired capital” means that the losses or projected losses of a credit union are such that the book value of a member’s share is reduced below 100 percent of the monetary amount of that share when initially purchased plus any accumulated dividends.
Collected 2026-09-14T05:56:33Z. Source file · JSON