Section 14555 Of Article 4. Supervisory Committee From California Financial Code >> Division 5. >> Chapter 4. >> Article 4.

. The commissioner may, after investigation and finding that the supervisory committee is not performing in conformance with this article, declare all offices of the supervisory committee of a credit union vacant and shall direct the board of directors of the credit union to call a special meeting of the members for the purpose of electing a new supervisory committee to serve until the next regular annual meeting.