DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 6. Share Accounts and Certificates for Funds 14850-14905›ARTICLE 1. General 14850-14870
§ 14868
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
(a) As used in this section:
(1) “Beneficiary” has the meaning given that term in Section 5126 of the Probate Code.
(2) “Totten trust account” has the meaning given that term in Section 80 of the Probate Code.
(b) In the case of a Totten trust account, the deposit agreement shall indicate the current address of each beneficiary.
(Added by Stats. 1989, Ch. 397, Sec. 18. Operative July 1, 1990, by Sec. 42 of Ch. 397.)
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