California § 14764 - No credit union shall purchase any real or personal property or any interest in r
Full text of California Public Contract Code - PCC § 14764 — No credit union shall purchase any real or personal property or any interest in r, with citation guidance and answers to common questions.
§ 14764. No credit union shall purchase any real or personal property or any interest in r
No credit union shall purchase any real or personal property or any interest in real or personal property, including, but not limited to, a leasehold, or any contract arising from the sale of real or personal property or any note or bond in which any officer, director, or employee of the credit union is personally or financially interested, directly or indirectly, for that personâs own account or as the partner or agent of others, without first obtaining the written consent of the commissioner.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 14764
What does Public Contract Code - PCC § 14764 cover?
Section 14764 ("No credit union shall purchase any real or personal property or any interest in r") 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 § 14764?
A common citation format is "Public Contract Code - PCC § 14764" (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 § 14764 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.