Statute · California Financial Code

Cal. Fin. Code § 18520 — Purpose and Scope of Guaranty Corporation

Cal. Fin. Code § 18520

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1985-07-01
Current through
Nov 2, 2026 (California Legislative Counsel)

It shall be the purpose of Guaranty Corporation to guarantee full payment of guaranteed accounts of members, exclusive of special members, up to fifty thousand dollars ($50,000) for each account, subject to the express limitations provided in this chapter.

Citator

Cal. Fin. Code § 18520 — Purpose and Scope of Guaranty Corporation is in force in the current edition of the Code, and nothing recorded condemns it.

It shall be the purpose of Guaranty Corporation to guarantee full payment of guaranteed accounts of members, exclusive of special members, up to fifty thousand dollars ($50,000) for each account, subject to the express limitations provided in this chapter.