Statute · California Financial Code
Cal. Fin. Code § 6525.5 — General Powers
Cal. Fin. Code § 6525.5
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Except with the prior written consent of the commissioner:
Citator
Cal. Fin. Code § 6525.5 — General Powers is in force in the current edition of the Code, and nothing recorded condemns it.
Except with the prior written consent of the commissioner:
(a) No person who has been convicted of any criminal offense involving dishonesty or breach of trust may participate, directly or indirectly, in any manner in the conduct of the affairs of a savings association.
(b) A savings association shall not permit any person who has been convicted of any criminal offense involving dishonesty or breach of trust to participate, directly or indirectly, in any manner in the conduct of the affairs of the savings association.