California Legal Codes and Statutes

§ 14762

Added by Stats. 1986, Ch. 673, Sec. 11.

A director of a credit union who concurs in any vote or act of the directors of the credit union by which it is intended to make a loan or discount to any director of the credit union exceeding the amount allowed by law, is guilty of a misdemeanor.

Cite this section

Cal. Fin. Code § 14762 (2026)
https://ca.codecond.com/codes/fin/division-5-credit-unions/chapter-4-management-and-operations/article-8-penalties/section-14762

Other sections in Article 8 - Penalties

§ 14750§ 14751§ 14752§ 14753§ 14754§ 14755§ 14756§ 14758§ 14759§ 14760§ 14761§ 14762§ 14763§ 14764§ 14765§ 14766§ 14767§ 14768

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.