California Code, FIN 14701.

California Code, FIN 14701.

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Financial Code - FIN

DIVISION 5. CREDIT UNIONS [14000 - 16906] Â Â ( Division 5 repealed and added by Stats. 1979, Ch. 112. ) Â Â CHAPTER 4. Management and Operations [14400 - 14768] Â Â ( Chapter 4 added by Stats. 1979, Ch. 112. ) Â Â

ARTICLE 7. Reserves [14700 - 14703] Â Â ( Article 7 added by Stats. 1979, Ch. 112. )

  14701.  Losses incurred by a credit union may be charged to its regular reserve as permitted by rule of the commissioner. (Amended by Stats. 1981, Ch. 765, Sec. 3.)