Financial Code section 14866

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.

Source: Section 14866, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=14866. (updated Jan. 1, 1983; accessed Jun. 9, 2025).

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Up to date

Verified:
Jun. 9, 2025

§ 14866’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_14866

Original Source: Section 14866, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=14866. (last accessed May 12, 2025).