DIVISION 5. CREDIT UNIONS 14000-16906›CHAPTER 9. Merger, Dissolution and Conversion 15200-15359›ARTICLE 4. Conversion of Federal Credit Union 15350-15359
§ 15350
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
Upon recommendation of its board of directors, any federal credit union may convert into a credit union under the laws of this state by complying with the requirements of the Federal Credit Union Act (12 U.S.C. Sec. 1771) and on obtaining a certificate pursuant to Chapter 2 (commencing with Section 14100) of this division.
(Amended by Stats. 1981, Ch. 765, Sec. 4.)
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