California Financial Code
§ 14866
FIN § 14866Div. 5 · Ch. 6 · Art. 1
Statute text
View on leginfo.ca.govThe evidence of credit union shares issued shall be a certificate, a passbook, a statement or other evidence approved by regulation of the commissioner. The evidence of any credit union shares shall not constitute an “investment security” under Division 8 (commencing with Section 8101) of the Commercial Code.
Legislative history
Amended by Stats. 1983, Ch. 89, Sec. 8.