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2025 California Code
Financial Code - FIN
DIVISION 2 - SAVINGS ASSOCIATION LAW
CHAPTER 5 - Savings Operations
ARTICLE 13 - Redemption
Section 7151.
Universal Citation:
CA Fin Code § 7151 (2025)
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7151. Except with the prior consent of the commissioner, no association shall redeem any of its savings accounts when the association is in an impaired condition and when it has applications for withdrawal that have been on file more than 14 days and have not been reached for payment.
(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)
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