§ 14762
49 words·~1 min read·
/ca/financial-code/14762A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.