Statute · California Financial Code
Cal. Fin. Code § 7457 — Investment in Loans
Cal. Fin. Code § 7457
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An association may make loans on the security of its savings accounts, whether or not the borrower is the owner of the account, subject to the limitations of this article.
Citator
Cal. Fin. Code § 7457 — Investment in Loans is in force in the current edition of the Code, and nothing recorded condemns it.
An association may make loans on the security of its savings accounts, whether or not the borrower is the owner of the account, subject to the limitations of this article.