California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 5. CREDIT UNIONS |
Chapter 9. Merger, Dissolution and Conversion |
ARTICLE 4. Conversion of Federal Credit Union |
Section 15350.
Latest version.
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Upon recommendation of its board of directors, any federal credit union may convert into a credit union under the laws of this state by complying with the requirements of the Federal Credit Union Act (12 U.S.C. Sec. 1771) and on obtaining a certificate pursuant to Chapter 2 (commencing with Section 14100) of this division.
(Amended by Stats. 1981, Ch. 765, Sec. 4.)