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§ 14758 — California Law | CourtGPT
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  3. California/
  4. Fin Code/
  5. Division 5 - Credit Unions/
  6. Chapter 4 - Management and Operations/
  7. Article 8 - Penalties/
  8. § 14758
California Legal Code

§ 14758

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14758. Any director, officer, or employee of a credit union who makes or maintains, or attempts to make or maintain, a deposit of the credit union’s funds with any other person on the condition or with the understanding, whether express or implied, that the person receiving that deposit will make a loan or advance, directly or indirectly, to any director, officer, or employee of the credit union is guilty of a felony.(Added by Stats. 1986, Ch. 673, Sec. 7.)

Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=5.&title=&part=&chapter=4.&article=8.· Version 2026