California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 30 - Credit Unions
Article 4 - Reserves
Section 30.403 - Losses Chargeable to Regular Reserve
Universal Citation: 10 CA Code of Regs 30.403
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
Written consent of the Commissioner shall be obtained before any operating losses may be charged to the regular reserve under Section 14701 of the Financial Code.
1. Change
without regulatory effect renumbering former section
938 to new section
30.403 filed 8-19-97 pursuant to
section 100, title 1, California Code of
Regulations (Register 97, No. 34).
2. Amendment of section heading,
section and NOTE filed 2-27-2003; operative 3-29-2003 (Register 2003, No.
9).
Note: Authority cited: Section 14201, Financial Code. Reference: Section 14701, Financial Code.
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