DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 7. Guarantee of Thrift Accounts 18475-18538›ARTICLE 2. General 18490-18512

§ 18512

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

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.)

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California Financial Code

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