Title 12Banks and BankingRelease 119-73

§1765 Minors

Title 12 › Chapter CHAPTER 14— - FEDERAL CREDIT UNIONS › Subchapter SUBCHAPTER I— - GENERAL PROVISIONS › § 1765

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 12, §1765

Banks and Banking — Source: USLM XML via OLRC

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.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

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

Reference

Citations & Metadata

Citation

12 U.S.C. § 1765

Title 12Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73