12 USC § 1765 - Minors

---
identifier: "/us/usc/t12/s1765"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 1765 - Minors"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "1765"
section_name: "Minors"
chapter_number: 14
chapter_name: "FEDERAL CREDIT UNIONS"
subchapter_number: "I"
subchapter_name: "GENERAL PROVISIONS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(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.)"
---


# § 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 Credit**: (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— substituted “When shares are issued in trust, the” for “The” in second sentence.