{"code":"FIN","codeName":"Financial Code","section":"14865","citation":"Fin. Code, § 14865","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 5. CREDIT UNIONS [14000. - 16906.]","url":"https://blackletter.si/financial-code/division-5"},{"name":"CHAPTER 6. Share Accounts and Certificates for Funds [14850. - 14905.]","url":"https://blackletter.si/financial-code/division-5/chapter-6"},{"name":"ARTICLE 1. General [14850. - 14870.]","url":"https://blackletter.si/financial-code/division-5/chapter-6/article-1"}],"history":"Added by Stats. 1980, Ch. 321, Sec. 14.","effective":null,"html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/financial-code/general-14865","source":"California Legislative Information bulk export (pubinfo)"}