There is a newer version
of
this Section
2020 California Code
Financial Code - FIN
DIVISION 7 - INDUSTRIAL LOAN COMPANIES
CHAPTER 7 - Guarantee of Thrift Accounts
ARTICLE 2 - General
Section 18512.
Universal Citation: CA Fin Code § 18512 (2020)
18512.
The commissioner may require Guaranty Corporation to obtain a bond, insurance, or reinsurance which provides additional protection against losses to its members’ thriftholders. The type, amount, and form of this protection is subject to the commissioner’s written approval.
(Added by Stats. 1985, Ch. 142, Sec. 26. Effective July 1, 1985.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
