BlackletterCalifornia law

Financial Code § 14866

ARTICLE 1. General

Current as of September 28, 2026Fin. Code, § 14866Official source ↗

Amended by Stats. 1983, Ch. 89, Sec. 8.

The 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.