Cal. Financial Code § 14761

California · California Financial Code · Status: effective

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Citation: Cal. Financial Code § 14761, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/814564
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Any officer or agent of any credit union who makes or delivers any guaranty or endorsement on behalf of the credit union whereby the credit union may become liable upon any of the credit union’s discounted notes, bills, or obligations in a sum beyond the amount of loans and discounts which the credit union may lawfully make, is guilty of a misdemeanor.