Notice: The uscode.house.gov website is currently operating in a temporary format. While the United States Code remains available from its authoritative source, some website features and functionality are temporarily unavailable.
The United States Code Online is current through Public Law 119-120 (October 7, 2026).
Search & Browse Currency and Updating Classification Tables Popular Name Tool Positive Law Codification Editorial Reclassification Downloads
12 U.S.C. 1765: MinorsText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 12-BANKS AND BANKINGCHAPTER 14-FEDERAL CREDIT UNIONS
Jump To: Source CreditEditorial NotesAmendments

§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, § 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 .)

Editorial Notes

Amendments

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