California Statutes
§ 7001. — 7001. (Added by Stats. 1983, Ch. 1091, Sec. 2.)
California § 7001.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 5.CHAPTER 5. Savings Operations
Art. 10.ARTICLE 10. Savings Accounts as Legal Investments and as Security; Public Funds
This text of California § 7001. (7001. (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 § 7001. (2026).
Text
(a)Whenever, under the laws of this state or otherwise, a deposit of securities is required for any purpose, the savings accounts and accounts made legal investments by this article shall be acceptable deposits.
(b)Whenever, under the laws of this state or otherwise, a bond is required with security, the bond may be furnished, and the savings accounts and accounts made legal investments by this article in the amount of the bond shall be acceptable as security without other security.
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Legislative History
Added by Stats. 1983, Ch. 1091, Sec. 2.
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Bluebook (online)
California § 7001., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/7001..