DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 2. Formation 14100-14156›ARTICLE 2. Certificate to Act as a Credit Union 14150-14156
§ 14150
California Financial Code · 2018-11 edition · updated 2026-10-04 · California
No membership shares, certificates for funds or other securities shall be issued by any credit union until it has applied for and obtained from the commissioner a certificate authorizing it to act as a credit union.
(Added by Stats. 1979, Ch. 112.)
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