A mutual association may issue mutual capital certificates in accordance with regulations of the commissioner.
Cal. Fin. Code § 5623
Issuance of Stock and Certificates
Known as the Savings Association Law
The act spans §§ 5000 to 10009 (387 sections).
Added by Stats. 1983, Ch. 1091, Sec. 2.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.