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2019 California Code
Financial Code - FIN
DIVISION 5 - CREDIT UNIONS
CHAPTER 7 - Loans
ARTICLE 1 - General
Section 14957.
Universal Citation: CA Fin Code § 14957 (2019)
14957.
Whenever the directors, the credit committee, or if applicable, the credit manager, deem any loan unsafe, they may require additional security to be given by the borrower, and if such security is not furnished as required, they may declare the loan due and take action to collect the same.
(Amended by Stats. 1983, Ch. 89, Sec. 10.)
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