Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 2.: DIVISION 2. SAVINGS ASSOCIATION LAW/Ch. 4.: CHAPTER 4. Powers of Associations/Art. 1.: ARTICLE 1. General Powers/§ 6509.
California Statutes

§ 6509. — 6509. (Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)

California § 6509.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 4.CHAPTER 4. Powers of Associations
Art. 1.ARTICLE 1. General Powers

This text of California § 6509. (6509. (Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.))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 § 6509. (2026).

Text

An association may act as depository for receipt of payments of federal or state taxes and loan funds, and may satisfy any related federal or state statutory or regulatory requirements, including pledging of assets as collateral, payment of interest at prescribed rates, and, notwithstanding any other provision of this division, may issue the accounts subject to the right of immediate withdrawal.

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Legislative History

Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.
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California § 6509., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/6509..