California Statutes
§ 6509. — 6509. (Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
California·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
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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California § 6509. (6509. (Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.