12 U.S.C. § 1765

U.S.C. Title 12 - BANKS AND BANKING
12 U.S.C.

United States Code, 2024 Edition

Title 12 - BANKS AND BANKING

CHAPTER 14 - FEDERAL CREDIT UNIONS

SUBCHAPTER I - GENERAL PROVISIONS

Sec. 1765 - Minors

From the U.S. Government Publishing Office, www.gpo.gov

§1765. Minors

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.

(June 26, 1934, ch. 750, title I, §119, formerly §15, 48 Stat. 1221; renumbered §20, and amended Pub. L. 86–354, §1, Sept. 22, 1959, 73 Stat. 634; renumbered title I, §119, Pub. L. 91–468, §1(2), Oct. 19, 1970, 84 Stat. 994.)

Editorial Notes

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

Official source