California Financial Code

§ 14865

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FIN § 14865Div. 5 · Ch. 6 · Art. 1

Statute text

View on leginfo.ca.gov

Shares issued by a credit union to a member shall be evidenced in monetary amounts rather than by numbers of shares. The shares owned by a member also may be referred to as a “share account”. There shall be no limit to the amount of shares which a credit union may issue.

Legislative history

Added by Stats. 1980, Ch. 321, Sec. 14.