14653. 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.)
California Legal Code
§ 14653
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=5.&title=&part=&chapter=4.&article=6.· Version 2026