California Statutes

§ 95508. — 95508. (Added by Stats. 2002, Ch. 1024, Sec. 2.)

California § 95508.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Title 13.TITLE 13. CALIFORNIA SAVINGS AND ASSET PROJECT

This text of California § 95508. (95508. (Added by Stats. 2002, Ch. 1024, 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. Government Code - GOV Code § 95508. (2026).

Text

The financial institution in which an individual development account is established shall:

(a)Have no greater duties or responsibilities as to an individual development account than it has to any other savings account.
(b)Have no duty or responsibility to any withdrawal restriction established in the contract between the participant and the service provider.

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Legislative History

Added by Stats. 2002, Ch. 1024, Sec. 2. Effective January 1, 2003. Conditionally operative as prescribed in Section 95501.
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California § 95508., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/95508..