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Cal. Fin. Code § 7002

Savings Accounts as Legal Investments and as Security; Public Funds

Known as the Savings Association Law

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

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

The provisions of this article supplement any and all other laws relating to and declaring what shall be legal investments for the persons, fiduciaries, corporations, organizations’ funds, municipalities, bodies, and officials referred to in this article and supplement the laws relating to the deposit of securities and the making and filing of bonds for any purpose.

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