BlackletterCalifornia law

Financial Code § 14861

ARTICLE 1. General

Current as of September 28, 2026Fin. Code, § 14861Official source ↗

Amended by Stats. 1980, Ch. 52, Sec. 9.

No credit union shall issue shares to anyone not qualified for membership under its bylaws, except shares issued in coownership as provided in Section 14851.