California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 5. CREDIT UNIONS |
Chapter 4. Management and Operations |
ARTICLE 6. Investments |
Section 14653.
Latest version.
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Credit unions may invest in a trust organized solely for the purpose of investing in United States government securities and United States government agency securities, provided the trust is formed by an organization composed of credit unions or an organization of credit union associations.
(Amended by Stats. 1998, Ch. 539, Sec. 26. Effective January 1, 1999.)