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Effective Jan 1, 2015Amended by Stats. 2014, Ch. 401, Sec. 30. (AB 2763) Effective January 1, 2015.
- (a) The Credit Union Advisory Committee consists of seven members.
- (b) The members of the Credit Union Advisory Committee shall be appointed by the Secretary of Business, Consumer Services, and Housing.
- (c) The term of a member of the Credit Union Advisory Committee is two years. However, a member may be reappointed.
- (d) Membership in the Credit Union Advisory Committee is voluntary. No person is required to accept an appointment to the Credit Union Advisory Committee, and any member may resign by filing a resignation with the commissioner.
- (e) No member of the Credit Union Advisory Committee shall receive any compensation, reimbursement for expenses, or other payment from the state in connection with service on the Credit Union Advisory Committee.