Section 14651 Of Article 6. Investments From California Financial Code >> Division 5. >> Chapter 4. >> Article 6.
14651
. (a) Every credit union may invest in the shares of stock of
a corporation, or in membership or economic interests of a limited
liability company, organized solely for the purpose of providing
services to credit unions, provided the corporation or limited
liability company is formed by a credit union or group of credit
unions.
(b) Every credit union may invest in the securities of a
corporation or in membership or economic interests of a limited
liability company that is not a corporation or limited liability
company of the type described in subdivision (a) and that provides
services to credit unions, provided the investment is approved by the
commissioner.