Statute · California Financial Code
Cal. Fin. Code § 7250.5 — Investment in Securities
Cal. Fin. Code § 7250.5
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No savings association may directly or indirectly acquire or retain any corporate debt security unless the corporate debt security is rated in one of the four highest rating categories by at least one nationally recognized rating service.
Citator
Cal. Fin. Code § 7250.5 — Investment in Securities is in force in the current edition of the Code, and nothing recorded condemns it.
No savings association may directly or indirectly acquire or retain any corporate debt security unless the corporate debt security is rated in one of the four highest rating categories by at least one nationally recognized rating service.