California § 5203. 5203. (Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)

California Statutes

§ 5203. — 5203. (Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)

California § 5203.

JurisdictionCalifornia

Code FINFinancial Code - FIN

Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW

Ch. 1.CHAPTER 1. Short Title, General Definitions, and General Provisions

Art. 3.ARTICLE 3. General Provisions

This text of California § 5203. (5203. (Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)) 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 § 5203. (2026).

Text

(a)The name, rights, powers, privileges, and immunities of each association in existence on the effective date of this division shall be governed by the provisions of this division to the same extent and effect as if the association had been incorporated pursuant to this division. The articles of incorporation and bylaws of an association existing on the effective date of this division may be amended to conform to the provisions of this division, with or without the issuance or approval by the commissioner of conformed copies of those documents, and the provisions in the articles and bylaws are superseded to the extent that they are inconsistent with the provisions of this division, except that the obligations of the existing association between the association and its stockholders, memb

Free access — add to your briefcase to read the full text and ask questions with AI

(a)
The name, rights, powers, privileges, and immunities of each association in existence on the effective date of this division shall be governed by the provisions of this division to the same extent and effect as if the association had been incorporated pursuant to this division. The articles of incorporation and bylaws of an association existing on the effective date of this division may be amended to conform to the provisions of this division, with or without the issuance or approval by the commissioner of conformed copies of those documents, and the provisions in the articles and bylaws are superseded to the extent that they are
inconsistent with the provisions of this division, except that the obligations of the existing association between the association and its stockholders, members, or any valid contract between the stockholders or members of the association or between the association and any other persons, existing at the time this division takes effect, shall not be impaired by the provisions of this division. With these exceptions, each association in existence on the effective date of this division shall possess all the rights, powers, privileges, and immunities and shall be subject to all the duties, liabilities, disabilities, and restrictions conferred and imposed by this division, notwithstanding anything to the contrary in its articles of incorporation, bylaws, or rules.
(b)
The power of each association in existence on the effective date of this division pursuant to its articles of incorporation or bylaws to issue voting interests to savings account
holders, shall not be impaired by any provision of this division.

Legislative History

Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

California § 5203., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/5203..