California Statutes
§ 5864. — 5864. (Added by Stats. 1988, Ch. 718, Sec. 10.)
California § 5864.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 2.CHAPTER 2. Corporate Organization and Corporate Changes
Art. 10.ARTICLE 10. Mutual Holding Companies
This text of California § 5864. (5864. (Added by Stats. 1988, Ch. 718, Sec. 10.)) 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 § 5864. (2026).
Text
In connection with reorganization pursuant to the provisions of this article, a mutual association may, subject to the approval of the commissioner, retain capital assets at the holding company level to the extent that the capital exceeds adequate reserves as prescribed by state or federal law.
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Legislative History
Added by Stats. 1988, Ch. 718, Sec. 10.
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California § 5864., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/5864..