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12 USC 1765

US - USC Title 12: Banks and Banking

12 USC 1765

§ 1765 - Minors

CHAPTER 14— FEDERAL CREDIT UNIONS › SUBCHAPTER I— GENERAL PROVISIONS

Shares may be issued in the name of a minor or in trust, subject to such conditions as may be prescribed by the bylaws. When shares are issued in trust, the name of the beneficiary shall be disclosed to the Federal credit union.

Notes

Editorial Notes

Amendments

1959—Pub. L. 86–354 substituted “When shares are issued in trust, the” for “The” in second sentence.
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