“Financial institution” includes:
(a) A financial institution as defined in Section 40.
(b) An industrial loan company as defined in Section 18003 of the Financial Code.
Definitions
Known as the California Multiple-Party Accounts Law
The act spans §§ 5100–5407 (38 sections).
Applied in 1 court decision — leading case 50 Cal. 3d 448 - Propst v. Stillman (1990)
Most recently applied in 50 Cal. 3d 448 - Propst v. Stillman (April 1990)
Enacted by Stats. 1990, Ch. 79.
“Financial institution” includes:
(a) A financial institution as defined in Section 40.
(b) An industrial loan company as defined in Section 18003 of the Financial Code.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.