
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC1765]

 
                       TITLE 12--BANKS AND BANKING
 
                    CHAPTER 14--FEDERAL CREDIT UNIONS
 
                    SUBCHAPTER I--GENERAL PROVISIONS
 
Sec. 1765. Minors

    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.

(June 26, 1934, ch. 750, title I, Sec. 119, formerly Sec. 15, 48 Stat. 
1221; renumbered Sec. 20, and amended Pub. L. 86-354, Sec. 1, Sept. 22, 
1959, 73 Stat. 634; renumbered title I, Sec. 119, Pub. L. 91-468, 
Sec. 1(2), Oct. 19, 1970, 84 Stat. 994.)


                               Amendments

    1959--Pub. L. 86-354 substituted ``When shares are issued in trust, 
the'' for ``The'' in second sentence.
