California · Financial Code

FIN §15356: The directors of a credit union converted from a federal credit union may insert in the articles of incorporation the following statement: “This credit union is incorporated by conversion from a feder

What this law says, in plain English

Directors of credit unions converting from federal status may include a statement in incorporation articles noting the conversion from federal credit union status.

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The directors of a credit union converted from a federal credit union may insert in the articles of incorporation the following statement: “This credit union is incorporated by conversion from a federal credit union.”

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