There is a newer version of the California Code
2016 California Code
Financial Code - FIN
DIVISION 5 - CREDIT UNIONS
CHAPTER 6 - Share Accounts and Certificates for Funds
ARTICLE 1 - General
Section 14855.
CA Fin Code § 14855 (2016) What's This?
14855. Every credit union may receive money and accumulate funds to be loaned and execute certificates for funds for the money received. The certificates for funds shall specify the date, amount, rate of interest, and when the principal and interest are payable.
(Added by Stats. 1979, Ch. 112.)
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