DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 4. Powers of Associations 6500-6558›ARTICLE 1. General Powers 6500-6530

§ 6511

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

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(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)

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California Financial Code

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