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.