Section 14905 Of Article 2. Dividends From California Financial Code >> Division 5. >> Chapter 6. >> Article 2.

. Amounts paid or credited by a credit union to its members or depositors on or before the 30th day after the close of its income year shall be deemed for all purposes as paid or credited by the credit union upon the last day of the income year. This section is applicable only to credit unions as entities and does not apply to the members or depositors thereof.