GroundRules
FIN § 15051
Where this section sits in the code
- Financial Code - FIN
- DIVISION 5. CREDIT UNIONS [14000. - 16906.]
- CHAPTER 7. Loans [14950. - 15103.]
- ARTICLE 3. Loans to Directors, Officers and Committee Members [15050. - 15051.]
The board of directors shall declare the office of any director, officer, committee member, or the credit manager vacant if the person fails to reduce any obligation to the credit union for which he or she is liable in a timely manner according to the terms of the obligation.
Collected 2026-09-14T05:56:33Z. Source file · JSON