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2005 California Financial Code Sections 7720 Article 10.5. Leasing

FINANCIAL CODE
SECTION 7720 

7720.  (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.


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