Statute · California Financial Code

Cal. Fin. Code § 7050 — Interest

Cal. Fin. Code § 7050

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

An association may issue savings accounts earning interest at different rates of return. The annual rate of return paid on a savings account may either be fixed at the time the account is issued or may vary on any basis specified at the time the account is accepted.

Citator

Cal. Fin. Code § 7050 — Interest is in force in the current edition of the Code, and nothing recorded condemns it.

An association may issue savings accounts earning interest at different rates of return. The annual rate of return paid on a savings account may either be fixed at the time the account is issued or may vary on any basis specified at the time the account is accepted.