California Statutes
§ 5120. — 5120. (Amended by Stats. 1985, Ch. 983, Sec. 1.76.)
California § 5120.
JurisdictionCalifornia
Code FINFinancial 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
This text of California § 5120. (5120. (Amended by Stats. 1985, Ch. 983, Sec. 1.76.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Financial Code - FIN Code § 5120. (2026).
Text
“Statutory net worth” or “net worth” means the sum of the following:
(a)Issued and outstanding capital stock.
(b)Issued and outstanding capital certificates.
(c)Paid-in surplus.
(d)Retained earnings.
(e)Pledged savings accounts of a mutual association with the approval of the commissioner.
(f)General reserves and other amounts as the commissioner prescribes.
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Legislative History
Amended by Stats. 1985, Ch. 983, Sec. 1.76. Effective September 26, 1985.
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Bluebook (online)
California § 5120., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/5120..