California § 14350 - The commissioner shall annually levy on and collect from credit unions holding ce

Full text of California Public Contract Code - PCC § 14350 — The commissioner shall annually levy on and collect from credit unions holding ce, with citation guidance and answers to common questions.

§ 14350. The commissioner shall annually levy on and collect from credit unions holding ce

The commissioner shall annually levy on and collect from credit unions holding certificates authorizing them to act as credit unions, pro rata on the basis of total assets, an assessment in a total amount that is sufficient in the commissioner’s opinion to (a) meet the expenses of the department in administering this division and other laws relating to credit unions or the credit union business that are not otherwise provided for and (b) provide a reasonable reserve for contingencies.

Source: official California text · Last verified 2026-08-27

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Frequently Asked Questions About California § 14350

What does Public Contract Code - PCC § 14350 cover?

Section 14350 ("The commissioner shall annually levy on and collect from credit unions holding ce") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 14350?

A common citation format is "Public Contract Code - PCC § 14350" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 14350 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.