Statute · California Financial Code

Cal. Fin. Code § 18477 — Definitions

Cal. Fin. Code § 18477

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2010-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

“Thrift obligations” as used in this chapter include principal invested in investment or thrift certificates however evidenced, and unpaid interest thereon accrued as of the last interest accrual date prior to the date the commissioner takes possession of the property and business of a member or…

Citator

Cal. Fin. Code § 18477 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Thrift obligations” as used in this chapter include principal invested in investment or thrift certificates however evidenced, and unpaid interest thereon accrued as of the last interest accrual date prior to the date the commissioner takes possession of the property and business of a member or the date such member is the subject of an order for relief in bankruptcy, whichever occurs sooner.