Statute · California Financial Code
Cal. Fin. Code § 18318 — Investment Certificates
Cal. Fin. Code § 18318
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Investment or thrift certificates may be issued to or in the name of a minor and as such shall be for the exclusive right and benefit of such minor and may be redeemed in whole or part by said minor or his order and payment so made is a valid release and discharge to the company for such payment.
Citator
Cal. Fin. Code § 18318 — Investment Certificates is in force in the current edition of the Code, and nothing recorded condemns it.
Investment or thrift certificates may be issued to or in the name of a minor and as such shall be for the exclusive right and benefit of such minor and may be redeemed in whole or part by said minor or his order and payment so made is a valid release and discharge to the company for such payment.