California 2011-2012 Regular Session

California Assembly Bill AB1876 Latest Draft

Bill / Introduced Version Filed 02/22/2012

 BILL NUMBER: AB 1876INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Achadjian FEBRUARY 22, 2012 An act to amend Section 14000 of the Financial Code, relating to credit unions. LEGISLATIVE COUNSEL'S DIGEST AB 1876, as introduced, Achadjian. Credit unions. Existing law provides for the organization and regulation of credit unions by the Department of Financial Institutions. Existing law entitles those provisions the California Credit Union Law. This bill would make technical, nonsubstantive changes to that title. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 14000 of the Financial Code is amended to read: 14000. This division shall be known as the  "California   California  Credit Union  Law."   Law.