Statute · California Financial Code
Cal. Fin. Code § 7152 — Redemption
Cal. Fin. Code § 7152
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The redemption price of savings accounts redeemed shall be the full value of the account redeemed, as determined by the board of directors, but in no event shall the redemption price be less than the withdrawal value.
Citator
Cal. Fin. Code § 7152 — Redemption is in force in the current edition of the Code, and nothing recorded condemns it.
The redemption price of savings accounts redeemed shall be the full value of the account redeemed, as determined by the board of directors, but in no event shall the redemption price be less than the withdrawal value.