14865. Shares issued by a credit union to a member shall be evidenced in monetary amounts rather than by numbers of shares. The shares owned by a member also may be referred to as a 'share account'. There shall be no limit to the amount of shares which a credit union may issue.(Added by Stats. 1980, Ch. 321, Sec. 14.)
California Legal Code
§ 14865
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=5.&title=&part=&chapter=6.&article=1.· Version 2026