California § 14807 - A member may withdraw from membership in the credit union at any time. A withdraw
Full text of California Public Contract Code - PCC § 14807 — A member may withdraw from membership in the credit union at any time. A withdraw, with citation guidance and answers to common questions.
§ 14807. A member may withdraw from membership in the credit union at any time. A withdraw
(a) A member may withdraw from membership in the credit union at any time. A withdrawing member may be required to give 60 daysâ notice of intention to withdraw shares and 30 daysâ notice of intention to withdraw certificates for funds, except when a different period of notice is required by the commissioner for the withdrawal of shares or share certificates that may be established by the board of directors. (b) A member who fails to take steps necessary to be removed from inactive status pursuant to Section 14811 may be deemed to have voluntarily withdrawn from credit union membership. (c) A member whose funds have been remitted to the Controllerâs office for purposes of escheat consistent with Section 1513 of the Code of Civil Procedure shall be deemed to have voluntarily withdrawn from membership.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 14807
What does Public Contract Code - PCC § 14807 cover?
Section 14807 ("A member may withdraw from membership in the credit union at any time. A withdraw") 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 § 14807?
A common citation format is "Public Contract Code - PCC § 14807" (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 § 14807 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.