Section 14808 Of Chapter 5. Members From California Financial Code >> Division 5. >> Chapter 5.
14808
. All amounts paid on shares or on certificates for funds of
an expelled or withdrawn member, with any dividends or interest
credited thereto to the date of withdrawal or expulsion, shall be
paid to such members as funds become available, and after deducting
all amounts due from the member to the credit union. Withdrawing or
expelled members have no further rights in the credit union, but are
not by expulsion or withdrawal released from any liability to the
credit union or its creditors.