California Statutes
§ 6525.5. — 6525.5. (Added by Stats. 1990, Ch. 1118, Sec. 33.)
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
Except with the prior written consent of the commissioner:
(a)No person who has been convicted of any criminal offense involving dishonesty or breach of trust may participate, directly or indirectly, in any manner in the conduct of the affairs of a savings association.
(b)A savings association shall not permit any person who has been convicted of any criminal offense involving dishonesty or breach of trust to participate, directly or indirectly, in any manner in the conduct of the affairs of the savings
association.
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California § 6525.5. (6525.5. (Added by Stats. 1990, Ch. 1118, Sec. 33.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1990, Ch. 1118, Sec. 33.