12 U.S. Code § 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.

Source

(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.)
Amendments

1959—Pub. L. 86–354substituted “When shares are issued in trust, the” for “The” in second sentence.

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12 CFR - Banks and Banking

12 CFR Part 724 - TRUSTEES AND CUSTODIANS OF CERTAIN TAX-ADVANTAGED SAVINGS PLANS

12 CFR Part 745 - SHARE INSURANCE AND APPENDIX

 

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