General Definitions
Known as the Savings Association Law
The act spans §§ 5000–10009 (387 sections).
Added by Stats. 1983, Ch. 1091, Sec. 2.
“Certificate of authority” means:
(a) A certificate of authority to transact the business of an association, which is issued by the commissioner pursuant to this division.
(b) An uncanceled annual license issued to an association under prior law which is valid on the effective date of this division.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.