California Statutes
§ 5116. — 5116. (Amended by Stats. 1985, Ch. 983, Sec. 1.7.)
California·Code FIN Financial Code - FIN·Div. 2. DIVISION 2. SAVINGS ASSOCIATION LAW·Ch. 1. CHAPTER 1. Short Title, General Definitions, and General Provisions·Art. 2. ARTICLE 2. General Definitions
“Savings account” means that part of the savings liability of an association that is credited to the holder of the account. A savings account may be referred to as a deposit. For the purposes of Sections 6661, 6662, and 6663 and Article 4 (commencing with Section 6725) through Article 10 (commencing with Section 7000), inclusive, of Chapter 5 of this division, the term “savings account” includes shares, demand accounts, savings deposits and other savings accounts of federal associations.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 5116. (5116. (Amended by Stats. 1985, Ch. 983, Sec. 1.7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1985, Ch. 983, Sec. 1.7. Effective September 26, 1985.