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§ 30.30. Economic Feasibility -- Existing Credit Union.

10 CA ADC § 30.30Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 10. Investment
Chapter 1. Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 30. Credit Unions
Article 1. General Provisions
10 CCR § 30.30
§ 30.30. Economic Feasibility -- Existing Credit Union.
Currentness
Whenever the Commissioner, this Subchapter or any law administered by the Commissioner requires that the Commissioner determine the economic feasibility of any proposal of an existing credit union, the Commissioner may consider:
(a) The adequacy of the equity capital of the credit union.
(b) The quality of assets of the credit union.
(c) The level of earnings of the credit union.
(d) The level of liquidity of the credit union.
(e) The quality of management of the credit union.
(f) The business plan of the credit union.
(g) The marketing plan of the credit union.
(h) The business practices of the credit union.
(i) Such other factors that bear upon a determination of the economic feasibility of the proposal.

Credits

Note: Authority cited: Section 14201, Financial Code. Reference: Sections 14155 and 14201, Financial Code.
History
1. New section filed 2-27-2003; operative 3-29-2003 (Register 2003, No. 9).
This database is current through 8/30/24 Register 2024, No. 35.
Cal. Admin. Code tit. 10, § 30.30, 10 CA ADC § 30.30
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