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2025 California Code
Financial Code - FIN
DIVISION 5 - CREDIT UNIONS
CHAPTER 6 - Share Accounts and Certificates for Funds
ARTICLE 1 - General
Section 14865.
Universal Citation:
CA Fin Code § 14865 (2025)
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14865. 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.
(Added by Stats. 1980, Ch. 321, Sec. 14.)
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