California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 30 - Credit Unions
Article 6 - Books and Records
Section 30.606 - Statements of Accounts or Passbooks Required
A credit union shall supply its members with statements of accounts or passbooks which show the transactions and current position of the member involving shares, certificates for funds and obligations. If statements of accounts are supplied they may show only the transactions for the period covered and the current positions and must be sent to members at least quarterly. Members whose accounts show no activity other than dividends may be sent an annual statement.
1. Change without regulatory effect renumbering former section 959 to new section 30.606 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
Note: Authority cited: Section 14201, Financial Code. Reference: Sections 14007, 14204, 15151, 15152 and 15153, Financial Code.