Sec. 119. minors
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/statute-compilations/comps-264/sec-119A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## Sec. 119 minors **[**[12 U.S.C. 1765](/us/usc/t12/s1765)**]** 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.
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