Statute · California Financial Code

Cal. Fin. Code § 18003.6 — Definitions

Cal. Fin. Code § 18003.6

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1995-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

“Certificate of deposit” as that term is used by an industrial loan company licensed under this division means an investment certificate representing the obligation of an industrial loan company to repay a nondemand deposit as deposit is defined in Section 3(1) of the Federal Deposit Insurance Act.

Citator

Cal. Fin. Code § 18003.6 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Certificate of deposit” as that term is used by an industrial loan company licensed under this division means an investment certificate representing the obligation of an industrial loan company to repay a nondemand deposit as deposit is defined in Section 3(1) of the Federal Deposit Insurance Act.