California Statutes
§ 15305. — 15305. (Repealed and added by Stats. 1979, Ch. 112.)
California § 15305.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 5.DIVISION 5. CREDIT UNIONS
Ch. 9.CHAPTER 9. Merger, Dissolution and Conversion
Art. 3.ARTICLE 3. Conversion Into Federal Credit Unions
This text of California § 15305. (15305. (Repealed and added by Stats. 1979, Ch. 112.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Financial Code - FIN Code § 15305. (2026).
Text
At the time the conversion into a federal credit union becomes effective, the credit union ceases to be supervised by this state and all of the property of the credit union, including all of its right, title, and interest in and to all property of every kind and character immediately, by operation of law and without any conveyance, or transfer and without any further act or deed, is vested in the credit union under its new name and style as a federal credit union and under its new jurisdiction.
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Legislative History
Repealed and added by Stats. 1979, Ch. 112.
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Bluebook (online)
California § 15305., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/15305..