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California Code, Financial Code - FIN § 14865

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - California Code, Financial Code - FIN § 14865 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-14865/

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