Financial Code section 14150

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.

Source: Section 14150, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=14150. (updated Jan. 1, 1979; accessed Dec. 1, 2025).

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14151
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Verified:
Dec. 1, 2025

§ 14150's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_14150

Original Source: Section 14150, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=14150. (last accessed May 12, 2025).