Section 15350 Of Article 4. Conversion Of Federal Credit Union From California Financial Code >> Division 5. >> Chapter 9. >> Article 4.

. Upon recommendation of its board of directors, any federal credit union may convert into a credit union under the laws of this state by complying with the requirements of the Federal Credit Union Act (12 U.S.C. Sec. 1771) and on obtaining a certificate pursuant to Chapter 2 (commencing with Section 14100) of this division.