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Cal. Fin. Code § 5123

General Definitions

Known as the Savings Association Law

The act spans §§ 5000–10009 (387 sections).

Added by Stats. 1983, Ch. 1091, Sec. 2.

“Thrift institution” means an association, a cooperative bank, a homestead association, a building and loan association, a federal association, a federal savings bank, a state or federal credit union, an industrial loan company, and a supervised thrift and residential financing institution of a substantially similar nature.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.