California Financial Code

§ 14653

FIN § 14653 Effective Jan 1, 1999Div. 5 · Ch. 4 · Art. 6

Statute text

Credit unions may invest in a trust organized solely for the purpose of investing in United States government securities and United States government agency securities, provided the trust is formed by an organization composed of credit unions or an organization of credit union associations.

Legislative history

Amended by Stats. 1998, Ch. 539, Sec. 26. Effective January 1, 1999.