Home Table of Contents

§ 30.40. Certification of Corporate Resolution.

10 CA ADC § 30.40Barclays 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 § 30.40
§ 30.40. Certification of Corporate Resolution.
Currentness
Whenever the Commissioner or this Subchapter requires that a copy of a resolution of the board or of a committee of the board of a credit union filed with the Commissioner be certified, the certification shall:
(a) State the title of the office, which the person making the certification holds with the credit union.
(b) State that the copy is a true copy of the resolution.
(c)(1) In a case where the resolution was adopted by the board, so state that such adoption occurred and specify the date of adoption.
(2) In a case where the resolution was adopted by a committee of the board, so state that such adoption occurred, specify the date of adoption, state the title of the committee, and state that the committee is authorized to exercise the powers of the board with respect to the subject matter of the resolution.
(d) State that the resolution has not been modified or rescinded and is in full force and effect.
(e) Specify the date of the certification.

Credits

Note: Authority cited: Section 14201, Financial Code. Reference: Section 14201, Financial Code.
History
1. New section filed 2-27-2003; operative 3-29-2003 (Register 2003, No. 9).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 10, § 30.40, 10 CA ADC § 30.40
End of Document