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CA SB1131

CA SB1131
Credit unions.


summary

Introduced
02/17/2026
In Committee
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

An act to amend Section 14250 of the Financial Code, relating to financial institutions.

AI Summary

This bill makes a minor, nonsubstantive change to existing California law regarding credit unions, specifically amending Section 14250 of the Financial Code. The California Credit Union Law, which governs credit unions, allows the Commissioner of Financial Protection and Innovation to investigate and examine the affairs, books, and records of any credit union. This bill simply changes the wording from "any office within" to "any office inside" the state when referring to where the commissioner can examine a credit union's business operations, without altering the substance of the commissioner's authority.

Sponsors (1)

Last Action

From printer. May be acted upon on or after March 20. (on 02/18/2026)

bill text


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