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2018 California Code
Financial Code - FIN
DIVISION 2 - SAVINGS ASSOCIATION LAW
CHAPTER 4 - Powers of Associations
ARTICLE 1 - General Powers
Section 6511.
Universal Citation: CA Fin Code § 6511 (2018)
6511.
Loans secured by real property may be sold to, and are legal investments for, among others, any public or private pension fund, credit union, labor union fund, or public employee association and may be purchased by those institutions directly from an association. Nothing in this subdivision shall be construed as altering any limits imposed by law on the extent of participation in an investment that is made by any entity covered by this subdivision.
(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
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