California Financial Code 14856 – Every credit union may impress a lien upon the shares and dividends …
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Every credit union may impress a lien upon the shares and dividends of any member to the extent of any obligations entered into with that member and for any dues or charges payable by that member.
(Amended by Stats. 1984, Ch. 789, Sec. 9.)
Terms Used In California Financial Code 14856
- Lien: A claim against real or personal property in satisfaction of a debt.