Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 2.: DIVISION 2. SAVINGS ASSOCIATION LAW/Ch. 6.: CHAPTER 6. Investment Operations/Art. 5.: ARTICLE 5. Investment in Loans/§ 7452.
California Statutes

§ 7452. — 7452. (Amended by Stats. 1984, Ch. 225, Sec. 5.)

California § 7452.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 6.CHAPTER 6. Investment Operations
Art. 5.ARTICLE 5. Investment in Loans

This text of California § 7452. (7452. (Amended by Stats. 1984, Ch. 225, Sec. 5.)) 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 § 7452. (2026).

Text

(a)An association may make consumer loans, provided that the total of such loans shall not exceed 30-percent of the assets of the association.
(b)An association may include loans to dealers in consumer goods to finance inventory and floor planning in the total investment as part of the 30-percent limitation described in subdivision (a). For purposes of the limitations on loans to one borrower, loans to dealers in consumer goods to finance inventory and floor planning shall be treated as commercial loans.

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Legislative History

Amended by Stats. 1984, Ch. 225, Sec. 5. Effective June 21, 1984.
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California § 7452., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/7452..