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12 U.S.C. § 1765 — Minors

submitted 92 years ago by ch. 750 to r/title-12-BANKS-AND-BANKING · 43 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

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.

Source credit: (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.)

history & why it existsrecord from the source credit
  • 1934Enacted · Act of June 26, 1934, ch. 750 · 48 Stat. 1221
  • 1959Amended · Pub. L. 86-354 · 73 Stat. 634
  • 1970Amended · Pub. L. 91-468 · 84 Stat. 994

A history note hasn’t been published yet. The record shows enactment by ch. 750 on 1934-06-26.

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