Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 2.: DIVISION 2. SAVINGS ASSOCIATION LAW/Ch. 6.: CHAPTER 6. Investment Operations/Art. 10.5.: ARTICLE 10.5. Leasing/§ 7720.
California Statutes

§ 7720. — 7720. (Added by renumbering Section 7700 by Stats. 1990, Ch. 216, Sec. 25.)

California § 7720.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 6.CHAPTER 6. Investment Operations
Art. 10.5.ARTICLE 10.5. Leasing

This text of California § 7720. (7720. (Added by renumbering Section 7700 by Stats. 1990, Ch. 216, Sec. 25.)) 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 § 7720. (2026).

Text

(a)An association may invest in tangible personal property, including without limitation, vehicles, mobilehomes, machinery, equipment, or furniture, and may hold the property for rental or sale.
(b)Investment under this section is limited to not in excess of 10 percent of the total assets of the association.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Added by renumbering Section 7700 by Stats. 1990, Ch. 216, Sec. 25.
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
California § 7720., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/7720..