Statute · California Financial Code

Cal. Fin. Code § 7251 — Investment in Securities

Cal. Fin. Code § 7251

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

An association holding investments which have been approved by the commissioner shall not be required to dispose of them or to establish a reserve account if later the commissioner rescinds approval of the investments.

Citator

Cal. Fin. Code § 7251 — Investment in Securities is in force in the current edition of the Code, and nothing recorded condemns it.

An association holding investments which have been approved by the commissioner shall not be required to dispose of them or to establish a reserve account if later the commissioner rescinds approval of the investments.