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Earlier editions: 2020-112018-11

DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 6. Investment Operations 7200-7800›ARTICLE 5. Investment in Loans 7450-7462

§ 7455

California Financial Code · 2026 edition · updated 2026-10-04 · California

No association or director, officer, or employee of an association shall require, as a condition to the granting of any loan or the extension of any other service by the association, that the borrower or any other person undertake a contract of insurance with any specific company, agency, or individual.

(Added by Stats. 1984, Ch. 287, Sec. 27. Effective July 6, 1984.)

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