Skip to content
ChatProjectCodes

DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 6. Share Accounts and Certificates for Funds 14850-14905›ARTICLE 1. General 14850-14868

§ 14866

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

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.

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

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Financial Code
California Financial Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.